-The Business Standard NHAI approves Rs 6,000 cr of premium deferment for 9 projects, on basis of March guidelines In a major relief to road developers, the National Highways Authority of India (NHAI) has approved deferment of premium worth Rs 6,000 crore for nine projects, including those of Larsen & Toubro and Reliance Infrastructure. The board of NHAI met on Friday and gave a final approval to the nine applications, said a senior...

-Down to Earth   India needs second-generation reforms in environmental governance to protect environment and community rights and reduce transaction costs for industry After more than two years of flip-flops by the Union Ministry of Environment and Forests (MoEF), the Supreme Court (SC) gave a deadline of April 30, this year to the ministry to start the process of setting up a national environmental regulator under the Environment (Protection) Act, 1986, with offices...

-The Hindu Business Line   Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...

-The United Nations   The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...

-The Business Standard   Agriculture ministry wants review of clamps on holdings; rural development ministry seeks centralisation of records With Narendra Modi set to take over as prime minister in the next few days, the department of agriculture is proposing a comprehensive review of land ceiling laws as a first major reform in the sector.   Land also figures in the to-do list of the rural development ministry. It has proposed centralisation of land records...