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Land acquisition Bill will push up prices five times: CII chief

-The Hindu Business Line    The President of Confederation of Indian Industry (CII), Mr B. Muthuraman, on Thursday said that the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, would cause a five-fold increase in land prices to the industry. “No industry will be able to afford that,” he said in an interaction with journalists, on the sidelines of a conference on the theme “Tamil Nadu: Vision 2025”. The Bill is expected to be presented...

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Steep petrol price hike in the offing?

-The Times of India   With elections in five states out of the way, the government-run fuel retailers on Monday ratcheted up their demand for an increase in petrol prices by as much as Rs 5 a litre. The demand could leave the government with a political cleft stick, coming on the day Congress received a severe drubbing in the assembly polls.  Piling losses of state-run firms appear to leave little choice for...

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Policy paralysis fears haunt markets

-The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the...

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UIDAI Bill unlikely to be tabled in budget session by Devika Banerji

The Bill governing the unique identity project is unlikely to be introduced in the budget session of parliament, as the Planning Commission needs more time to finalise its revised version.  The Unique Identity Authority of India (UIDAI) Bill, which aims to give legal status to the collection of biometric data and issue of unique identification numbers to all resident Indians, was rejected by a parliamentary committee last year.  "There are many issues...

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Administration insensitive to problems of SCs/STs by R Ramachandran

In the context of the suicide by a reserved category first year student at the All India Institute of Medical Sciences on March 3, a recent decision of the Institute Body (IB) and the Governing Body (GB) points, on the one hand, to total insensitivity of the institute's administration to the problems of the SCs/STs, and, on the other, how politician-members of these apex bodies seem to influence the decisions...

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