By not resolving the definition of ‘public purpose,' the Land Acquisition Bill keeps the door open for misuse It has taken more than 110 years for the government to draft a new Land Acquisition, Rehabilitation and Resettlement Bill. But despite mounting evidence of widespread misuse of government authority in taking over farm land and the increasing protests against the legal ambiguity that abets such exploitative practices, the revised legislation remains dubiously...
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Are you paying to keep oil firms profitable?-Anupama Airy
Amid protests over India's steepest-ever petrol price hike last week, many are now beginning to ask the question: Is the government milking the common man to keep its oil companies profitable? Consider these: Each time, you fill your car with a litre of petrol in Delhi, the Centre gets richer by Rs. 14.78 and state government earns another Rs. 12.20. In 2010-11 ( the latest figures available), the Centre and state governments...
More »No plan to raise prices of diesel, LPG or kerosene for now: Jaipal Reddy
-The Economic Times The government has no immediate plans to raise the retail prices of diesel, kerosene and cooking gas, Oil Minister S. Jaipal Reddy said on Monday. "I am not touching (the prices of) diesel, LPG (liquefied petroleum gas) or kerosene," Reddy said, adding, no date has yet been fixed for a meeting of a ministerial panel to review the prices of the three subsidised fuels. State-owned oil fuel retailers announced an...
More »Priority on digging wells bears fruit in Lohardaga-Uttam Mukherjee
The district administration's plan of giving priorities to digging of wells under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has started bearing fruits. The scheme has brought smiles to hundreds of farmers across the district. Official records show that the farmers have doubled their income by growing crops in about 7,200 acres in all seasons. Many farmers like Mahli Oraon at Rampur village of Sadar block shared their success...
More »PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur
C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. "I think it is necessary to act on prices of other petroleum products also," he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing...
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