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With slowing growth, people are now questioning the long-term Indian story

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

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Owner's nightmare, realtor's fantasy-A Srivathsan

By not resolving the definition of ‘public purpose,' the Land Acquisition Bill keeps the door open for misuse It has taken more than 110 years for the government to draft a new Land Acquisition, Rehabilitation and Resettlement Bill. But despite mounting evidence of widespread misuse of government authority in taking over farm land and the increasing protests against the legal ambiguity that abets such exploitative practices, the revised legislation remains dubiously...

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Despite PM's call, scared babus still sitting on files-Siddharth

Last month, Prime Minister Manmohan Singh exhorted the bureaucracy to be fearless, saying, "Civil servants should fight the tendency of not taking decisions because of the fear that things might go wrong and they might be penalized for that." The PM was just the latest to express concern about increasing bureaucratic stasis-foreign visitors have remarked upon it and even TOI has written about it earlier. But his words have clearly failed...

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India has no room for its wandering builders-Moushumi Basu

The exploitation of migrant construction workers has grown alongside the expansion of the industry. It's time the government got serious about upholding the law. A recent report in The Hindu on the violation of labour laws at a massive construction site belonging to the Army Welfare Housing Organisation in Bangalore raises yet again the repeated neglect of regulations relating to the employment and welfare of workers by construction companies in India. For...

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Leniency for tall-claim builders-Sobhana K

The government has removed from a proposed bill a clause that would have made builders liable to be jailed for making false promises about houses to customers, housing ministry sources have said. The initial draft of the Real Estate (Regulation and Development) Bill, which is awaiting cabinet clearance, provided for a jail term of up to three years as well as a compensation of up to 10 per cent of the...

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