-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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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 »Hike in Jaitapur damages
-The Telegraph Mumbai: The Maharashtra government today announced that enhanced compensation for land acquired from locals for the Jaitapur Nuclear Power Park project would be disbursed by October 15. Chief minister Prithviraj Chavan made the announcement after talks with the Janhit Sewa Samiti at Sahyadri guest house in Malabar Hill this evening. What the compensation has been hiked to from Rs 22.5 lakh per hectare in February was not clear. The Janhit Sewa...
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...
More »Green norms bent to help corporates -Nitin Sethi
-The Hindu CAG report uncovers forestland scam, says government lost thousands of crores The Comptroller and Auditor General in its latest report has unearthed a massive scam involving forestlands being given over to industry without following laid down regulations - in violation of Supreme Court orders and forest laws - and involving large-scale misuse of funds leading to a loss to the government running into thousands of crores. The report blames some...
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