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Plan to plug lease loophole-Basant Kumar Mohanty

-The Telegraph A government panel has recommended mandatory registration of all lease agreements and power of attorney documents to ensure revenue augmentation. At present, only lease agreements for a year and more need to be compulsorily registered. Registration of power of attorney documents is optional. If the proposal is accepted, it will mean that some of the ubiquitous 11-month rent agreements will lose their sheen. Some landlords prefer the 11-month tenure as registration...

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Jairam Ramesh, Rural Development Minister interviewed by Urmi A Goswami

-The Economic Times A balance between the need to unleash animal spirits and the larger issues of ethical governance is essential for the country to move ahead, Rural Development Minister Jairam Ramesh tells ET in an exclusive interview. * Is unleashing animal spirits still the main focus of the government? Unleashing the animal spirits is all very well but it has to be in an ethical framework. Markets is all about...

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Growing, and neglected

-The Economist A steadily rising Muslim population continues to fall behind IT TELLS you something hopeful perhaps that, for all the horror unleashed when two bombs laid by presumed militant Islamists ripped through a crowd in Hyderabad on February 21st, India’s public response has been muted. The blasts killed 16 and injured 117. Both the method of the attack (bombs in metal tiffin boxes strapped to bicycles) and its location (near a...

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CAG questions costing of 350-acre Gurgaon land sold to DLF -Navneet Sharma

-The Hindustan Times In what seems set to provide fresh ammo to its political rivals, the comptroller and auditor general (CAG) is learnt to have raised questions about the valuation of 350 acres given by the Haryana government to realty major DLF Limited in Gurgaon through competitive bidding for setting up a recreation-cum-leisure project. The CAG, which examined the procedures and the competitive bidding route taken by the Haryana State Industrial and...

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