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'Jobless growth' during UPA-1, admits Centre -Rajeev Deshpande

-The Times of India Some 20 months after hotly contesting data on UPA-1's "jobless growth", the government has admitted to lack of substantial increase in employment between 2004-05 and 2009-2010, with the self-employed workforce shrinking from 56.4% to 50.7% of the total workforce. In absolute numbers, the self-employed decreased from 258.4 million to 232.7 million in this period while regular salaried workers rose from 69.7 million to 75.1 million. The ranks of...

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Ground rules

-The Indian Express The proposed land bill will make transactions fairer and encourage optimal use of the resource In this session, Parliament will take up the necessary and long-delayed Land Acquisition, Resettlement and Rehabilitation Bill. Both major parties have worked out a consensus on the features of the bill. As with any compromise between different interest groups, the bill does not please everyone perfectly, but it finally sets down reasonable terms for...

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Proactive for Ambani, but UPA sleeping over CAG recommendations-Sujay Mehdudia

-The Hindu The UPA government has been proactive in responding to demands by Reliance Industries Limited (RIL) for a raise in natural gas prices, but has shown little urgency in implementing the Comptroller and Auditor General's (CAGs) recommendations made in 2009 on the audit of oil and gas contractors such as RIL. The CAG recommendation would have facilitated the intense scrutiny of the prices and profits made by the contractors. The Petroleum Ministry's...

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India a step closer to a new land acquisition law-Liz Mathew and Elizabeth Roche

-Live Mint Government reaches near consensus as BJP agrees to support Bill in Parliament; industry not enthused by plan The government may be close to pulling off one of India's most significant policy changes with a near consensus among political parties on a new land acquisition law, taking the country to the verge of removing what's perceived as the biggest impediment to the next wave of industrialization. At the conclusion of an all-party...

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In Karnataka race of millionaires, real estate ahead of mining -Johnson TA

-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...

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