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1.2 crore vacant homes– This one number tells us all that is wrong with Indian real estate -Vivek Kaul

-FirstPost.com Anshuman Magazine, chairman and managing director of CBRE South Asia Pvt. Ltd., in a recent article writes that “around 1.2 crore completed houses” are “lying vacant across urban India”. This one number tells us all that is wrong with Indian real estate. Even though there is a huge housing shortage in urban India, 1.2 crore completed homes are lying vacant. As the latest economic survey points out: “At present urban housing...

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Smoking kills — in India too -Sonalde Desai & Debasis Barik

-The Hindu A study shows that Indians are not immune to health consequences of smoking and that smokers have a higher death rate than non-smokers. Recently, a parliamentary committee declined to extend the size of health warnings on cigarette packets due to lack of independent evidence on the health impacts of smoking on the Indian population. A longitudinal study conducted by the National Council of Applied Economics (NCAER) and University of Maryland shows that in...

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Can’t blame UPA Land Acquisition Bill for stalled projects: RTI

-The Economic Times NEW DELHI: The land acquisition law passed by the previous government may not be the villain of the piece when it comes to stalled projects, according to data generated by a Right to Information (RTI) query. The Modi government's determination to amend the land acquisition law in the teeth of resistance from farmers and political parties has stemmed from the legislation's apparent role in just this — bringing projects...

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Is Land Acquisition the prime reason for stalling of Projects? Data says ‘No’

-Newslaundry.com According to the data provided by the Ministry of Finance in reply to an RTI application, only 8% of all the stalled projects are because of Land Acquisition reasons. The reasons for 1/3rd of the stalled projects are not known. The amendments to the Land Acquisition act (Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act) are being touted by many in the Government as a game...

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Is India’s labour market moving towards a May Day situation? -Roshan Kishore

-Livemint.com While economists disagree on the extent of rigidity in India’s labour regime, there is a broad consensus on the need to simplify labour laws After showing a sense of urgency initially, the Modi government seemed to have put labour law reforms on the backburner in between. Now, things are simmering once again as the government contemplates integrating three laws—the Trade Unions Act, the Industrial Disputes Act and the Industrial Employment...

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