-The Business Recorder   Surging flood waters in northern and eastern India have affected millions of people, forcing many from their homes as swollen rivers wash away roads and make rescue work difficult, government and aid officials said on Friday. Aid workers said 5.2 million people are now affected, double the figure from 10 days ago, as tail-end seasonal monsoon rains sweep the heavily-populated states of Uttar Pradesh, Bihar and Assam where...

The UPA government's land acquisition bill was expected to fill gaps in the archaic 1894 act and streamline the process of land acquisition and ensure fair compensation to farmers and landowners. But even before the bill is introduced in Parliament murmurs of dissent are being heard. The Land Acquisition Amendment Bill, piloted by rural development minister Jairam Ramesh, has drawn fire from critics for legitimizing purchase of vast tracts of land,...

The first thing that comes to our mind is — and this has nothing to do with this particular case — that even in 2003, when this misconduct was continuing, how come such persons get to be appointed? It really seriously means that we have to revisit that process. Originally, when the Constitution was framed, we had a system where judges were appointed by the executive in consultation with the...

The ever-energetic Jairam Ramesh has unveiled a new land acquisition policy for discussion. He has taken on the difficult task of changing an old law whose implementation has led to a sorry mess in Nandigram, Singur and Noida, to mention only a few of the recent cases that have hit the headlines. India’s policy regime for managing land rights and land transactions is totally dysfunctional. Greedy politicians in state governments have...

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...