-The Hindu The draft law on acquisition strikes a balance between development and justice for those who will be displaced in the process India is a rapidly industrialising economy and society with intense demands for better infrastructure from its people. The last 20 years have seen a great acceleration in this process, with India becoming one of the world’s fastest growing economies. However, for those whose lands were acquired for these purposes...

-The Hindu The Water Resources Ministry has sought the help of L. Rajagopal — the businessman-cum-Member of Parliament from Vijayawada with major interests in large-scale water projects — to organise an event on Wednesday on interlinking of rivers. Water Resources Minister Pawan Kumar Bansal will be the chief guest at the “Dialogue on Inter Linking of Rivers: Issues and Challenges.” Mr. Rajagopal is the chairman of the Organising Committee for the event...

-IPS News World Water Week recently concluded in Stockholm with a special emphasis on the linkages between water and food security. From the worst drought in 56 years in the United States Midwest, to the Karnataka’s drought in India, to the protracted drought in the Sahel region of West Africa, we have also seen how in our globalised world the nexus between lack of water and food security in one corner of...

-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...