-Live Mint Cabinet refers land acquisition Bill to GoM to resolve differences after five ministers express apprehensions Differences within the Union cabinet have nixed the plans of the Congress-led United Progressive Alliance (UPA) to fast-track a new legislation for land acquisition and compensation, widely seen as a key measure to spur investment in the economy. Consequently, the cabinet on Tuesday referred the controversial land acquisition Bill to a ministerial group (a so-called group...

-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...

-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...

-The Financial Chronicle Finance minister P Chidambaram on Monday sa­id neither he nor his colleagues talked about “zero loss” in connection with the CAG report, as inferred in a cartoon in the August 27 edition of Financial Chronicle, and in a report in another daily. The FC cartoon showed him holding a paper that said “zero loss theory”. Chidambaram said the statement is being issued to set the “record straight”, and clarified that...

-The Hindu "Charges of impropriety are unsupported by facts" Prime Minister Manmohan Singh on Monday attacked the Comptroller and Auditor-General’s report on the coal blocks allocation during 2004-09, saying any allegation of impropriety was without basis and unsupported by facts. As Parliament has been paralysed during the past week with an unrelenting and combative Bharatiya Janata Party disrupting proceedings in both Houses and demanding his resignation, Dr. Singh chose to make a statement...