-The Economic Times Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing". The wholesale index for food articles rose 10.1% for the week to August 18 from a year earlier on account of a sharp increase in prices of vegetables and cereals, data released on Thursday showed. The index was at 9.8% in the previous week. "This is really disturbing,"...
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Cabinet likely to clear Land Acquisition Bill next week
-The Economic Times The Union cabinet is likely to clear the Land Acquisition, Rehabilitation and Resettlement Bill 2011 next week and it is likely to be tabled in Parliament in the ongoing monsoon session itself. Minister of rural development Jairam Ramesh met with nine cabinet ministers on Thursday to finalise the contents of the draft bill. These include finance minister Pranab Mukherjee, home minister P Chidambaram, minister for tribal affairs Kishore Chand...
More »UN agency reports first signs of Antarctic ozone depletion this year
-The United Nations Signs of ozone depletion are again appearing over the Antarctic, the United Nations reported today, adding that prevailing temperatures and polar stratospheric clouds indicate that the degree of ozone loss this year will most likely be about average in comparison to the past decade. However, the World Meteorological Organization (WMO) noted that it is still too early to make a definitive statement on the level of depletion of ozone...
More »New clause in land acquisition bill will have retrospective effect
-The Economic Times A clause introduced in the draft land acquisition bill will bring cases where the award of land is underway or possession has not taken place within the scope of compensatory and acquisition norms. This will make private developers, industries and the government, who are currently involved in the process of acquiring land, shell out generous compensation packages to land owners with retrospective effect. "The new clause that we...
More »Food Bill will be tabled in Winter session: KV Thomas
-The Economic Times The Right to Food Bill, which proposes to give more subsidised grains to the poor, would be introduced only in the Winter session of Parliament as consultations with states was taking longer than expected, Food Minister KV Thomas said on Wednesday. The draft bill, approved by the empowered group of ministers, is currently being processed in the law ministry. It was expected to be introduced in the monsoon...
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