-The Telegraph The Bengal government’s hands-off stand on land has found its way into its PPP policy, the public-private partnership mantra that was supposed to neutralise adversities and make the state attractive for investors. The new triple-P policy, notified by the state finance department on June 21, makes it clear the state government cannot acquire land for private investors even if they are willing to partner the state in its pet projects. The...

-The Indian Express   Time to take the bolder steps, bring FDI to small towns When the GDP falls below 7 per cent, we need to start worrying. When it is less than 6 per cent, we must treat it as a crisis situation. Growth models show that the robust investment rates already achieved, and twice the productivity growth achieved in the 1980s and ’90s, will get us 8 per cent growth. This...

-The Telegraph Union rural development minister Jairam Ramesh will try to persuade the Centre not to allow any more private mining companies to operate in the mineral-rich Saranda forests, a former Maoist stronghold that is now the focus of a massive rejuvenation plan. If the minister, who toured the West Singhbhum forests yesterday, has his way, at least 20 companies, including steel behemoths like ArcelorMittal, Tata Steel, Jindal Steel & Power Limited...

-The Business Standard When the anti-Posco brigade celebrated the seventh anniversary of their agitation against the mega steel venture of the South Korean behemoth at Dhinkia near Paradip in Odisha last week, the noise they made against the project was drowned by the murmurs of a split in their ranks. After fighting against the project for the last seven years, Posco Pratirodh Sangram Samiti (PPSS) seems to be disintegrating, with many of...

The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy.  In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as disbursement of loans and payments towards...