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Land acquisition Act to come into effect from January 1 -Ruhi Tewari

-The Indian Express The UPA government's ambitious Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act was notified on Tuesday, and will come into effect from January 1 next year. The rules to the Act, however, are yet to finalised. The Act, which replaces the Land Acquisition Act, 1894, has sought to correct the low rates of compensation under the old Act by providing compensation of up to...

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Cereal offenders -Ila Patnaik

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

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No rethink on subsidised LPG: Moily

-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...

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Even before swearing-in, government pushing forward with continuing halted flagship scheme -Adam Halliday

-The Indian Express Aizawl: With the Congress set to form a government for the second consecutive term, the Mizoram government is wasting no time in continuing it's flagship beneficiary scheme beginning with a high-level meeting on Friday to decide on land-use conversion and teams scheduled to visit sites earmarked for infrastructure projects. The NLUP implementing board is scheduled to have a meeting headed by Chief Secretary on Friday, a day before state...

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The truth of India’s position at Bali

-Live Mint The national food security law is in trouble from an unlikely source The outcome of the World Trade Organization (WTO) summit at Bali has been projected as a great victory for the Indian government by its spokespersons. Nothing could be farther from the truth. In exchange for a temporary reprieve on its food support programme, India has bartered away the bargaining chip of trade facilitation, which Western negotiators demanded. The...

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