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Cloud over Microsoft, Infosys, Wipro campuses in Andhra Pradesh

-The Times of India In a decision that jeopardizes land allocated to corporates and institutions such as Microsoft, Wipro, Infosys, Emaar, Indian School of Business and Lanco, the Andhra Pradesh high court on Tuesday refused to entertain petitions that challenged the power of the Andhra state wakf board to notify 1,650 acres of in Manikonda village of Ranga Reddy district as wakf land. The court asked the companies to approach the tribunal...

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Water: the looming problem-Prakash Nelliyat

World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...

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Naveen government has misused Land Acquisition Act, says CAG by Satyasundar Barik

The Comptroller and Auditor-General of India has found that the Naveen Patnaik government has ‘misused' the Land Acquisition Act for acquiring land for several big industrial projects, including the proposed mega steel plant by South Korean steel major Posco. “Emergency Provisions of Section 17 (4) were misused and applied arbitrarily even without indicating detailed justification for the same and without fulfilment of prescribed conditions,” the CAG has stated. The CAG report was...

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CAG slams Modi regime for financial irregularities by Manas Dasgupta

The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...

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Limited land relief plan-Pranesh Sarkar and Sambit Saha

The Bengal government is set to grant a never-before concession to developers of township projects, under which government companies will be allowed to hold and lease out land in excess of ceiling without prior permission. However, no activity other than real estate development is being allowed such flexibility despite industry complaining about difficulties involving land. “It seems the (amendment) proposal is highly lopsided. Does the government think only township development would be...

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