-PTI Retail inflation shot up to the double digit mark at 10.32 per cent in April on account of substantial increase in vegetable, edible oils and milk prices. Based on the Consumer Price Index (CPI), the inflation for March was revised to 9.38 per cent from the provisional estimate of 9.47 per cent, as per the government data release here on Friday. Vegetable prices recorded the maximum of 24.55 per cent, followed by...

The UPA II’s third anniversary on May 22 may witness a repackaging of old schemes, promises and achievements in the “Report to the people” as the government has little to show for 2011-12. Sources say the 13-chapter report struggles to contest the perception of policy paralysis by pointing out social-sector initiatives based primarily on welfare schemes launched during the UPA I regime or in the first year of UPA II. The government...

-The Telegraph Mamata Banerjee’s suggestion that the government should keep away from land acquisition for private industry has got the backing of a parliamentary standing committee, which has suggested that private enterprises buy plots on their own. The National Land Acquisition and Rehabilitation and Resettlement Bill, which was introduced in Parliament last year by rural development minister Jairam Ramesh, had laid down that the government could acquire land only for a “public...

-The Hindustan Times The parliamentary standing committee on rural development is slated to submit on Thursday its report on the much-awaited land acquisition bill — with suggestions for tough norms that would make it very difficult to acquire land for industry. The committee, it is understood, has suggested that ‘public purpose’ be clearly defined to prevent profit-making industries from taking advantage of the law under the guise of producing public goods...

-The Times of India A parliamentary panel has recommended that government keep away from land purchase for private parties, contrary to the provision made in the pending land acquisition bill, striking at the heart of the Centre's plan to facilitate acquisition for industry and townships with better compensation. The standing committee's blanket bar on acquisition for private bodies, including Public Private Partnership for projects defined as public purpose, strikes down the clause...