Reputable foreign institutions may not come to India if a provision in a proposed law preventing them from taking back surplus from education activities is retained, a parliamentary panel has said. The Foreign Educational Institutions (Entry and Operations) Bill prescribes a time-bound format for granting foreign universities approvals but bars them from repatriating profits. The bill was introduced in the Lok Sabha on May 3, 2010, and referred to the standing committee...

Anna Hazare has called the cabinet-cleared version of theLokpal bill a "deceit on the nation". That kind of rhetoric pretty much indicates Anna and Co's future plans. If they stick to those kinds of plans (Jantar Mantar protest theatre redux), this group of prominent people would miss a great opportunity - the opportunity to demonstrate their maturity. Yes, the cabinet has cleared a Lokpal bill that differs in important respects with...

The Congress-led United Progressive Alliance government’s proposed land acquisition law, a politically sensitive and critical piece of legislation that could potentially remove a big roadblock to industrial investment, aims to address rehabilitation and resettlement (R&R), providing safeguards for both land owners and livelihood losers, while clearly defining the “public purpose” for which land can be acquired by the government. “This draft Bill seeks to balance the need for facilitating land acquisition...

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

-The Telegraph   The Union cabinet today approved the Lokpal bill after overruling Manmohan Singh, who again advocated bringing the Prime Minister within the corruption ombudsman’s ambit. The higher judiciary, conduct of MPs inside Parliament, and the lower bureaucracy too have been kept out of the Lokpal’s jurisdiction. Anna Hazare, whose civil society group had insisted on all these sections and the Prime Minister being included, termed the draft a “cruel joke” and...