In an attempt to bolster its aam aadmi image, the government is setting up the Aajeevika Development and Financial Corporation, a financial institution to ensure easily available funding for self-help groups under the National Rural Livelihood Mission. Problems in accessing credit for families below poverty line have been a major hurdle for the livelihood mission. The rural development ministry is in the process of inter-ministerial consultations on the proposed financial...

-The Economic Times   The government has defended its new land acquisition bill as industry-friendly, refuting criticism that provisions contained in the legislation were retrograde and would push up costs for state-run and private companies. Industry groups had slammed the new Land Acquisition, Rehabilitation and Resettlement Bill (LARR) 2011, cleared by the CABinet earlier this week and tabled in parliament on Wednesday, saying it was "burdensome" and "anti-development". But Rural Development Minister...

-The Times of India   Farmers along the national highway 8 (NH-8) in the district are up in arms against the land acquisition for the expansion of the highway. The highway is being made into a six-lane highway and land has been acquired around it in the district. The farmers in the district who have been taking up land acquisition issues under the banner of the Ekta Gramin Praja Vichar Manch (EGPVM)...

-PTI Sports Minister Ajay Maken has accused former minister Mani Shanker Aiyar of playing an "irreparable obstructionist role" in the Commonwealth Games projects resulting in cost escalation. These comments were made by Maken in his report sought by Prime Minister Manmohan Singh after media highlighted letters by Aiyar wherein he had warned about the squandering of money by the Suresh Kalmadi chaired Organising Committee. The communication now made public under the RTI Act...

-The Hindu   In a bid to tackle rampant corruption in procurement of items, the government on Tuesday announced that it would bring in a Bill to deal with the issue even as a Group of Ministers set up to tackle corruption adopted a report which recommended means to make the procedure more transparent. The comprehensive public procurement law to clearly demarcate powers and responsibilities of various authorities and ensure full transparency to...