The first casualty of the new policy could be NTPC’s proposed plant in Burdwan district West Bengal chief minister Mamata Banerjee may soon announce a new land use policy which says the government will not acquire land for industrial projects, leaving it to project promoters to do so. “They (companies) operate in a market economy, so must deal with market forces. They shouldn’t ask the (state) government to acquire land for them,”...
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Mamata appoints panel to formulate land policy by Kaushik Pradhan
West Bengal chief minister Mamata Banerjee on Monday appointed a two-member expert committee to formulate a new land policy of the state government. Reiterating her known stand against forcible acquisition of land, Ms Banerjee said: “There is much confusion over the issue of land acquisition. Our government has decided to have a new land policy which will help us prepare a land bank.” Significantly, the earlier Left Front government which...
More »Jairam gets lesson on Areva reactor behind Finnish line by Priscilla Jebaraj
After getting a earful about the proposed Areva nuclear reactor from disgruntled farmers in Jaitapur, Union Environment Minister Jairam Ramesh heard a sobering assessment of the Areva's Finnish reactor project — which is running four years behind schedule, with cost overruns hitting 2.7 billion euros — from that country's nuclear regulator. In a presentation made to Mr. Ramesh and a visiting Indian delegation in Finland earlier this week, Finnish regulator STUK...
More »Labour reform slips out of list as India Inc has greater worries by Devika Banerji
Archaic labour laws are not affecting India's manufacturing sector as much as problems related to land, water, licences and clearances, a government panel's study shows. With the findings of the Planning Commission study, changing rigid labour laws, so far suspected to be the main hurdle before the manufacturing sector, is likely to drop on the government's list of priorities. The sector contributes 15% to India's GDP. "Against popular perception, we...
More »‘Mukesh Ambani's house gets 5 lakh litres of water a month' by Vinaya Deshpande
Says the Corporation in reply to a RTI query on ‘Antilia' The Municipal Corporation of Greater Mumbai supplies nearly five lakh litres of water to Reliance industries' chairperson and managing director Mukesh Ambani's house ‘Antilia' every month, the reply to a question under the Right to Information Act has revealed. ‘Antilia' is Mr. Ambani's 27-floor house in south Mumbai. It, reportedly, is one of the most expensive personal residences in the world. Water...
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