-Business Standard Environment ministry readies draft, which allows industry to fell trees in traditional forest areas without consent of gram sabhas After a lot of back and forth, the National Democratic Alliance (NDA) government is ready with a notification to dilute tribal rights that would make it possible for most industries to chop down traditional forests without the consent of gram sabhas - a precondition that exists at the moment. After the Prime...

-Hindustan Times Finance Minister Arun Jaitley's claims of already having achieved an economic turnaround, made in his budget speech, evoke suspicion. Inflation is certainly down and so is the current account deficit, but that has almost entirely to do with the crash in international crude oil prices, which have fallen from $110 per barrel in June 2014 to around $57 per barrel currently. In fact, rather than passing on the full...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-The Hindu The Adivasis of Central India, who settled in the tea gardens of Assam decades ago, are still devoid of their basic rights. The even greater tragedy of the coordinated murderous December 23, 2014, attack on unarmed Adivasi forest dwellers in Assam, which left dead more than 70 people including children and women, is that the assault targeted one of the most oppressed and dispossessed communities in that entire region. A meticulously...

-The Hindu Govt. trying to broker deal with Congress, promises changes in land ordinance Rejuvenated by the BJP's rout in the Delhi Assembly elections and Nitish Kumar's return as Chief Minister of Bihar, the Opposition, a day ahead of Parliament's budget session, remained unwilling to co-operate with the government, especially on the passage of the ordinances that are priority on the government's legislative agenda. At an all-party meeting convened by Parliamentary Affairs Minister...