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People, The Real Estate-Pragya Singh

-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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It is hard to trust GM when it is in the grip of a few global giants-John Vidal

-The Guardian Don't believe the hype: GM is in the grip of a few firms that profit from selling the chemicals they engineer their seeds to resist Thirty years ago, genetic engineers hoped new technology would revolutionise world farming and reduce or even eliminate the need for fertilisers and pesticides. It was a noble idea that deserved success. But only promises came. In the 1990s the public was told genetic modification would...

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It’s clear you do not want to cede control: Brinda

-The Hindu Patna: The rejection of the Lokpal committee’s recommendation on transfer of CBI officers had exposed the government’s intention of maintaining a grip on the investigating agency, senior Communist Party of India (Marxist) leader Brinda Karat said at a press conference here on Friday. “There is a question mark on the understanding of the ruling alliance on Lokpal. They forcibly passed the Bill in the Lok Sabha and when it was...

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No More Juice To Squeeze-Panini Anand

-Outlook Hapur: Its benefit to farmers was well touted. The reality of the loan waiver is less creditable. In the early hours of a foggy morning in the sugarcane belt of western Uttar Pradesh, produce-laden bullock carts move about in Rasoolpur village, Hapur district, about 50 km from Delhi. As good a spot as any to gauge the impact of the ambitious loan waiver scheme for farmers announced by the UPA-I...

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NABARD scraps controversial scheme for corporate warehousing -Shalini Singh

-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...

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