A new draft Bill holds much promise to augment the development delivery mechanism. It is the new mining Bill, 2011, which has specific provisions for earmarking funds for development purposes in the mineral-rich districts that happen to be the regions with high poverty ratios. Revamped mining legislation can boost transparency in the vexed sector that seems much prone to illegality, corruption and extensive fraud.  Further, a well-crafted mining law can actually...

-The Deccan Chronicle   The approval by the Cabinet of the Mines and Minerals Development Regulation Bill is clearly meant to facilitate the acquisition of land in the mineral-rich districts of the country. Several large projects, including those of the richest non-resident Indian, Mr Lakshmi Mittal (Arcelor), and the South Korean giant Posco have been held up because of serious objections and protests from the affected tribal populations. The bill stresses on...

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

-PTI   The barriers erected by villagers to cordon off South Korean steel major Posco's proposed steel plant in Orissa's Jagatsinghpur district have been removed, paving the way for site preparatory activities to resume on the much-delayed Rs 52,000 crore project. Work at the project site resumed on Saturday, after a gap of 25 days, when locals removed two bamboo gates erected by them at Gadakujang and Nuagaon following talks with state government...

-The Economic Times   The Orissa High Court on Friday stayed the acquisition of land for building the much-delayed 12-million tonne Posco project, dealing a further setback to the India plans of the South Korean steel major which has not been able to progress much for the past five years. In a ruling on Friday, the high court ordered status quo on the private land being acquired by the state government that...