Existing and prospective industry and mining players of Jharkhand are apprehensive about the draft mining bill, which seeks to make them share 26 per cent of profits with locals. A group of ministers (GoM) approved the draft bill on September 17. Speaking to The Telegraph, Jindal Steel & Power Limited’s (JSPL) senior deputy general manager (corporate affairs) V.P. Sharan said: “The proposed clause — sharing profits with local people — sounds...

The state government has decided to ask private schools to furnish details of their accounts to stop them from indiscriminately hiking fees. Although all private schools will be required to reveal the data, the government’s focus is on English-medium institutions as they have been frequently accused of raising fees arbitrarily. The state education department will soon send a circular to nearly 500 private English-medium schools — both unaided and partially aided (those...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

The government is ready with a revised Land Acquisition (Amendment) Bill 2010 that has kept the interest of farmers and landowners in mind, officials today asserted in the backdrop of Rahul and Sonia Gandhi’s strong pitch favouring a pro-farmer policy on the contentious issue. Officials in the Rural Development Ministry today hinted that the revised Bill may contain provisions that will allow for better and adequate compensation for those whose land...

With Congress president Sonia Gandhi seeking annuity benefits for displaced farmers who surrender their land, the Centre has begun tweaking the resettlement and rehabilitation bill. Ms Gandhi had, on Thursday, said justifiable compensation — on the lines of the Haryana package — be provided to farmers. Senior officials told ET that the Land Acquisition (Amendment) Bill and the accompanying legislation on resettlement and rehabilitation were ready, and rechristened as the...