-The Economic Times Special Economic Zones will need to fulfill provisions of the proposed Land Acquisition and Rehabilitation and Resettlement Bill, if the rural development ministry has its way. The draft bill, currently being circulated for inter-ministerial consultation, does not exempt land acquired under the Special Economic Zones Act, 2005, Works of Defence Act, 1903, and Cantonments Act, 2006, from adhering to the acquisition, rehabilitation and resettlement provisions of the proposed legislation. Acquisition...
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The Doctor Is In, But Only Just-Pragya Singh, Lola Nayar
The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
More »Ramesh for Saranda mining curbs-Amit Gupta
-The Telegraph Union rural development minister Jairam Ramesh will try to persuade the Centre not to allow any more private mining companies to operate in the mineral-rich Saranda forests, a former Maoist stronghold that is now the focus of a massive rejuvenation plan. If the minister, who toured the West Singhbhum forests yesterday, has his way, at least 20 companies, including steel behemoths like ArcelorMittal, Tata Steel, Jindal Steel & Power Limited...
More »What killed our boom-Ashok V Desai
-The Telegraph Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...
More »Despite Drop from 2009 Peak, Agricultural Land Grabs Still Remain Above Pre-2005 Levels
-World Watch Institute An estimated 70.2 million hectares of agricultural land worldwide have been sold or leased to private and public investors since 2000, according to new research conducted by the Worldwatch Institute (www.worldwatch.org) for its Vital Signs Online service. The bulk of these acquisitions, which are called “land grabs” by some observers, took place between 2008 and 2010, peaking in 2009. Although data for 2010 indicate that the amount of...
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