The Mamata Banerjee government is working on an amendment to the Land Acquisition Act of 1894 to enable the return of 400 acres in Singur to farmers who were “unwilling” to part with the land. The proposed Land Acquisition Act (Amendment) Bill 2011, which is likely to be placed in the Assembly after it convenes on June 24, will have three clauses under the head “Section 48A”. The first allows the government...
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US, brands may stop sourcing if apparel industry fails review by Shramana Ganguly Mehta
Apparel exporters risk losing clients like GAP, Reebok and Nike if India fails to convince the US on Friday that its industry does not employ children. India has been asked to defend itself in the US on May 20 against charges of child labour. Child labour is a sensitive issue for American multinationals who source 30% of their global requirements from India. The brands can stop India sourcing if the country...
More »Check Govt Grain Buys, Use Cash Transfers or Food Coupons: Study by Prabha Jagannathan
Massive grain procurement to meet the requirements under the proposed national food security law could drive out the private sector and have larger implications on the state of the domestic procurement market, a study on food and nutritional security has warned. Apart from impacting exports and cereal price in the open market, rising public procurement will only make it costly to buy, store, transport and distribute grain, the study said, adding...
More »Anil Ambani, Prashant Ruia, Tatas untouched by CBI: NGO to SC
The NGO which brought the 2G spectrum case to the Supreme Court, on Thursday alleged "big fish" like Reliance Telecom Chairman Anil Ambani, Essar's CEO Prashant Ruia and Tatas' who are real beneficiaries have been left out of CBI chargesheets. The NGO, Centre for Public Interest Litigation (CPIL), told the apex court that Shahid Usman Balwa-promoted Swan Telecom and Loop Telecom were the front companies for RCom and Essar Group respectively...
More »CD: Shanti Bhushan files contempt plea by J Venkatesan
The former Union Law Minister and senior advocate, Shanti Bhushan, on Monday moved the Supreme Court for a directive to initiate contempt proceedings against the former Samajwadi Party leader, Amar Singh, for allegedly fabricating a compact disc containing his conversations with him and party president Mulayam Singh. In his application, Mr. Shanti Bhushan said: “The alleged contents of the CD have been fabricated with a malicious intention to interfere with the...
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