-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process. Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...
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Too poor to qualify for loans -Mehboob Jeelani
-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
More »Delhi eyes state route for land bill changes -Basant Kumar Mohanty
-The Telegraph New Delhi: NDA-ruled states cannot "wait indefinitely for consensus" on amendments to the Centre's land bill and want to pass their own laws for smooth acquisitions, finance minister Arun Jaitley said today. Some lawyers said while many states have framed amended rules in the past, these were at variance but not in "complete contradiction" to the central land law. Jaitley was speaking after a meeting of the governing council of the...
More »Drug pricing policy irrational, re-examine it, Supreme Court tells Centre
-The Times of India NEW DELHI: The Supreme Court on Wednesday asked the Centre to re-examine its drug pricing policy for essential medicines, calling it "unreasonable and irrational" as the price of some medicines is at around 4000% higher than what has been fixed by some state governments. A bench headed by Justice TS Thakur asked the ministry of chemicals and fertilizers to analyze and give explanation why the controlled price of...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
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