The Congress-led United Progressive Alliance (UPA) government on Wednesday introduced the politically crucial land acquisition Bill in the Lok Sabha, less than two months after the ministry of rural development began drafting it. The National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, aims to address rehabilitation and resettlement (R&R) by providing safeguards for both landowners and livelihood losers while clearly defining the “public purpose” for which land can be acquired...

-PTI   The Supreme Court has suspended with immediate effect the mining of iron ore in 10,868 hectares in Bellary district of Karnataka. "We are of the view that the mining of iron ore in Bellary be suspended immediately till further orders," a special bench headed by Chief Justice S H Kadia said. The court said the ministry of environment and forest (MoEF) will, meanwhile, come out with an interim report on the...

-PTI   India today sought help from Poland, which holds the European Union Presidency, for resolving trade obstacles for Indian agri exports to 27 EU countries. The issue was taken up at a meeting here between Commerce and Industry Minister Anand Sharma and visiting Polish Foreign Minister Radoslaw Sikorski. "The EU can play an important role in resolving several of our market access issues with the EU including in respect of arbitrary SPS (Sanitary...

-The Telegraph   India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington. “Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,” Mukherjee said. Differences exist within the Indian government on the appropriate policies for foreign direct investments in the...

The rural development ministry has proposed that farmers should get 80% of the profits from resale of land bought from them for development, much higher than that suggested by a Sonia Gandhi-led panel. The National Advisory Council had pegged the compensation after resale at 25% of the profits made by private developers. The proposal, aimed at giving farmland owners a better deal, follows protests in Uttar Pradesh's Greater Noida last month over...