-Business Standard The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly. After a failed winter session of Parliament, the government recommended promulgating an ordinance for changes to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Justifying the use of ordinance, Finance Minister Arun Jaitley said the government had to...

-The Hindu Business Line   The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...

-The Hindu While India and other countries have been opposing a review of their national contributions to tackle climate change, chairperson of the Inter-governmental Panel on Climate Change (IPCC) Dr. R. K. Pachauri is firm that unless there is a process of review in place, the direction the world is taking to tackle climate change will not be clear. A periodic review of targets and achievements is a must, he...

-The Indian Express In an article in these columns (‘A fertile mess', IE, December 11), Ashok Gulati says India has landed its fertiliser industry in a mess because of rising subsidies, lagging investment, unbalanced use of fertilisers and diversion of urea for other uses, among other things. He blames it all on administered pricing and subsidy costs, and advocates the increase of urea prices or cash transfer of the fertiliser subsidy...

-The Hindustan Times Even with the prospects of a year of high growth and low prices, a clutch of disquieting data on the ground suggests that things are still tough, potentially testing the Narendra Modi-led government's ability to pull the economy up. Output in factories has fallen sharply and a depressing farm season this winter, along with a fall in rural wages, could prolong recovery. Simply put, the drag this time...