-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
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World Bank Ready to Assist Odisha in Mining
-Outlook Bhubaneswar: A World Bank team has offered to provide technical assistance, global expertise and logistic support to Odisha and its Mining Sector, official sources said today. This was conveyed by the five-member World Bank Team led by Vikram Menon, State Programme Coordinator, to the state government while wrapping up its visit here yesterday. "The team expressed its willingness to provide and utilise non-lending technical assistance and world-class expertise in the state mining...
More »Growth slowest in four years
-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with finance minister P. Chidambaram acknowledging a few...
More »Lok Sabha passes Land Bill with 216 ‘ayes’ -Vinay Kumar and Anita Joshua
-The Hindu The long-pending Land Acquisition, Rehabilitation and Resettlement Bill was passed by the Lok Sabha on Thursday night after Union Rural Development Minister Jairam Ramesh assured the House that the measure allowed enough room for State governments to implement it as per their requirements. The Bill is only setting a bottom line for fair compensation, rehabilitation and resettlement in the case of land acquisition and State governments were free to further...
More »States fully empowered to improve upon land bill -Vinay Kumar and Anita Joshua
-The Hindu There was a last-minute hiccup in the passage of the Land Acquisition, Rehabilitation and Resettlement Bill in the Lok Sabha on Thursday when the Trinamool Congress demanded that the clause mandating private projects to take the consent of 80 per cent of landowners be changed to 100 per cent, as is prevalent in West Bengal. The State, Union Rural Development Minister Jairam Ramesh said, could change this provision, but...
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