-The Times of India With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support. The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years. Industry insiders said that this could save the day for the...
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Goa panel recommends 20-25 MMT cap on iron ore extraction
-PTI Goa cannot have unlimited mining given its ecological sensitivity, the Mashelkar Committee said, demanding that the cap should be such that it will protect the environment and social well being of the state Panaji: A committee of experts constituted by the Goa government has recommended a cap on extraction of iron ore in the coastal state to 20-25 million metric tonnes (MMT), which is almost half the existing exports, reports PTI. The...
More »Land Bill to be renamed with focus on compensation-Ravish Tiwari
-The Indian Express In keeping with Sonia Gandhi-led National Advisory Council's social welfare approach of rights-based entitlement, the government plans to rename the Land Acquisition, Rehabilitation and Resettlement (LARR) legislation as the Right to Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Act (RTCRRTLA). The Department of Land Resources under Jairam Ramesh has suggested moving an official amendment to rename the Bill that was introduced in Parliament last September. The draft note suggests...
More »Dogged with corruption, drug regulation is in poor health and ineffective-Khomba Singh
-The Economic Times It's not just the drug regulator, where a parliamentary panel has alleged corruption, failing in its job. Drug regulation across entities that dot this broad landscape is in poor health and ineffective. In May, when a Parliamentary panel, during a routine examination of healthcare regulatory bodies, alleged corruption in the approval of new drugs, it was merely pointing out one symptom. Such symptoms pervade the entire drug regulation landscape,...
More »The growth model has come undone-Mritiunjoy Mohanty
-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
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