Compensation will be paid before land takeover The new relief, rehabilitation, and resettlement package drawn up for those providing land for development initiatives in the State has been armed with provisions for substantive compensation, due stakeholder participation, and a social impact assessment, wherever needed. The focus of the package, prepared by the Revenue Department, is on providing a reasonable compensation to project-affected persons (PAPs) and disbursing it before taking possession of the...

Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

It was once a sleepy hamlet with rolling stretches of barren land, little agricultural activity and hardly any economy to boast of. But the nuclear power project transformed Kudankulam drastically. There was a minor real estate boom, income levels rose and lifestyles changed. Today, in the place of a small vegetable shop is a market place selling a wide variety of vegetables. All that is set to be reversed.  The anti-nuclear...

The underlying assumption of the proposed Land Acquisition Bill seems that the price paid to farmers is unreasonably low due to dominant power of industrial buyers, requiring government intervention. The draft, however, may neither accelerate the pace of land acquisition for industry nor overcome the psychological barriers of landowners that impede land transfers. First, the psychological barriers that limit supply. One of the main reasons for the farmers’ (and land dependents’)...

The Planning Commission's laughable estimates of the ‘poverty line' follow from a mistake in method that it made 30 years ago and has clung to ever since. The affidavit that the Planning Commission recently submitted before the Supreme Court stating that a person is to be considered ‘poor' only if his or her monthly spending is below Rs.781 (Rs.26 a day) in the rural areas and Rs.965 (Rs.32 a day) in...