-The Telegraph New Delhi: The Centre is likely to make key changes to the land acquisition ordinance in the face of gathering protests from multiple flanks and a nudge by Swadeshi affiliates. A clause that expanded the list of projects exempted from prior consent of affected families and a social impact assessment is expected to be done away with, said sources privy to discussions that have been going on through the week. The...
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Millennium Development Goals: A Mixed Report Card for India -Neeta Lal
-IPS News NEW DELHI: Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India - a nation of 1.2 billion - is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor. While the United Nations prepares to wrap up a decade-and-a-half of poverty alleviation efforts, framed through the lens of the Millennium Development Goals (MDGs), by the...
More »Govt may slice subsidy bill by $8 bn in Budget 2015-16
-Reuters Subsidy cuts may still fail to impress investors: Experts New Delhi: India may slash its food and fuel subsidy bill by about $8 billion in next week's Budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full Budget. Most of the 20 per cent cut in the Budget for subsidies results from lower...
More »Budget 2015 | The rural demand challenge -Elizabeth Roche and Sayantan Bera
-Livemint.com The current fiscal year has been hard on rural India, home to nearly 70% of the country's population New Delhi: The current fiscal year has been hard on rural India, home to nearly 70% of the country's population. Growth in rural wages has slowed and spending on the flagship employment guarantee scheme has contracted substantially, that too in a deficit monsoon year; foodgrain output is expected to dip by 3%. Please click...
More »Amendments to anti-graft law soft on private sector, fall short of UN convention -Pradeep Thakur
-The Times of India NEW DELHI: The NDA government, which came riding on a huge anti-corruption wave wiping out Congress last year, has dropped crucial amendments to the Prevention of Corruption Act that would have ensured India ratifying the UN Convention Against Corruption (UNCAC). Sources said the government has not considered incorporating Article 12 and 16 of the UNCAC in the proposed amendments to the Prevention of Corruption (PC) Act likely to...
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