-The Economic Times NEW DELHI: Prime Minister Manmohan Singh's drive to revive investor sentiment by fast-tracking large stalled projects through the Cabinet Committee on Investments (CCI) and a special cell under it is encouraging Indian Companies as well as big foreign investors such as Shell, Cairn India and Dell to knock on the government's door for urgent help. Over 250 projects worth Rs 11 lakh crore are now being considered by the...
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Low-end wart in FDI in research -GS Mudur
-The Telegraph New Delhi: Foreign corporations have created over 247,000 jobs through research and development (R&D) investments in India over the past decade, but most of the activities appear relatively unimportant with little long-term gains , researchers have said. The study, described as the first comprehensive assessment of foreign direct investment (FDI) in R&D, has challenged suggestions by Indian science policy makers and foreign corporations a decade ago that turning India into...
More »10 bills passed in monsoon session of Parliament
-The Times of India NEW DELHI: Unlike recent Parliament sessions when a large part of the sittings were complete washouts, the just-ended monsoon session saw passage of 10 legislations including UPA's flagship bills - food security and land acquisition. An official statement from parliamentary affairs minister Kamal Nath listed details of bills passed by both the Houses and legislations that were cleared separately by Lok Sabha and Rajya Sabha. Nath had said...
More »Jairam slams PSUs, says its land acquisition behind Naxal menace
-The Indian Express Seeking to give the credit for the fresh and more all-encompassing title of the new Land Acquisition Act to Congress vice-president Rahul Gandhi, Union Rural Development Minister Jairam Ramesh said Sunday it was Gandhi who suggested the title of the Bill. Both Houses of Parliament passed the Right to Fair Compensation and Transparency in Land Acquisition Bill last week. The new Act replaces the over a century old Land...
More »New land bill puts people first, govt’s message is clear 'India won't be China' -Zia Haq
-The Hindustan Times Investors say the new land acquisition bill approved by Parliament this week has made things more difficult. Pro-farm civil-society advocates say it hasn't gone far enough to protect farmer interests. If both sides are unhappy, an inside joke goes, it must be a pretty good legislation that has struck the right balance. The debate over land acquisition, however, is no laughing matter. In a country where half the people live...
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