-Business StaNDArd Amendments skip key controversial issues The National Democratic Alliance (NDA) has made nine amendments to its land Bill, tabled in Parliament on MoNDAy. Most of these were cosmetic in nature, leaving the key elements of the original promulgation intact - the lack of need for consent and social impact assessment while acquiring land for private projects; public-private partnerships and government acquisitions. Rural Development Minister Chaudhary Birender Singh did move two amendments...

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

-The Times of India The Narendra Modi government appears to have continued where the Congress regime left off as far as welfare of Dalits and adivasis is concerned. Plan allocation for schemes under various ministries and departments that serve dalits and adivasis remains much below the targeted levels in the Union Budget for 2015-16. Total Plan allocation in the recently presented Union Budget is Rs 4.65 lakh crore. To ensure that Plan funds...

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

-Business StaNDArd Environment ministry readies draft, which allows industry to fell trees in traditional forest areas without consent of gram sabhas After a lot of back and forth, the National Democratic Alliance (NDA) government is ready with a notification to dilute tribal rights that would make it possible for most industries to chop down traditional forests without the consent of gram sabhas - a precondition that exists at the moment. After the Prime...