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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy

Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...

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Tata spanner in Dalma plan by ASRP Mukesh

A senior forest official from the Centre is visiting Jharkhand tomorrow to review a state proposal to declare Dalma forests and its adjoining areas in the Singhbum region an eco-sensitive zone, a move that has been opposed by Tata Steel. In March, the state forest department had drafted an exhaustive plan to create a protective zone around 10km perimeter of the Dalma forests to protect the area that is a natural...

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Singur form trickle after SC order

-The Telegraph   The flow of farmers to fill up forms for land return in Singur thinned to a trickle today, the “lack of hurry” attributed to yesterday’s Supreme Court stay on distribution of plots. Pulak Sarkar, the block development officer (BDO) of Singur, said only 106 forms were submitted between 10 am and 7pm today. “Yesterday, we had received 250 forms. Altogether, 1,590 forms have been submitted since Sunday,” he said. The 15...

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Tactical retreat by Prafulla Das

The Orissa government suspends the land acquisition for the Posco project in the face of stiff opposition from the people. SIX years ago, when the South Korean steel giant Posco arrived in Orissa with the biggest ever foreign direct investment that had come the country's way, it was expected to help rid the economically backward State of its ‘poor' tag and bring prosperity. Posco had won the $12 billion deal at...

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Land acquisition, FDI in retail, insurance top PM's reform agenda

-The Times of India   Prime Minister Manmohan Singh on Wednesday flagged amendments to land acquisition law, allowing more foreign investment in retail trading and insurance and introduction of good and services tax (GST) as the key reforms agenda of the government. "I think the first thing is to sustain the momentum of growth that we have built," PM said during a meeting with a group of editors. But a key...

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