A rare praise for the UPA government in the 743-page CAG report on the Commonwealth Games was courtesy Railways. Applauding the work done by the state-run transporter, the government auditor mentioned that all the major activities relating to the makeover of New Delhi Railway Station were completed before the Games and within the budget. Though the CAG in its initial review of rail projects in January-February 2010 revealed substantial delay at every...

-The Business Standard   Tension prevailed in the Posco project site in Orissa as the irate villagers on Thursday detained two officials, one from Posco and another staff of Industrial infrastructure Development Corporation of Orissa (Idco), who had gone to Noliasahi in Gadakujang panchayat for cutting of tress on the acquired land. They were later released after being held captive for about four hours. The officials, who had gone to the village without...

Total outlay for School Education is Rs.13,334 crore Students of classes X, XI and XII in government and government-aided schools will be entitled to an incentive after completion of schooling, Finance Minister O. Pannerselvam told the Assembly in the Budget speech for 2011-12 here on Thursday. The total outlay for School Education is Rs.13,334 crore. While students of classes X and XI would receive Rs.1,500 each per year for completion, students of...

-Live Mint   Finally, a serious roadblock in the country’s march to industrialization may be removed soon. The Union ministry of rural development has unveiled a draft National Land Acquisition and Rehabilitation and Resettlement (LARR) Bill. Once a law, LARR could potentially end arbitrary land acquisitions under the Land Acquisition Act of 1894. Any well-functioning market gives clear signals and prices are market-driven. The 1894 law with its ill-defined “public purpose” clause...

The Mamata Banerjee ministry will not accept government role in land acquisition for the private sector even under the private-public partnership model, except in “specific and limited situations”, sources said after a cabinet meeting this evening. A “final decision” on the state government’s position on the draft National Land Acquisition and Rehabilitation and Resettlement Bill is still to be taken. Mamata asked the group of ministers led by Partha Chatterjee entrusted with...