-The Economic Times The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's debt - went up by 23%, latest official estimates show. According to finance ministry data, the per capita debt in India was estimated at nearly Rs 33,000 at the end of March 2012, compared to a little over Rs 26,600...

-The Economic Times Rural development minister Jairam Ramesh has backed state intervention in acquiring land for public-private partnership (PPP) projects, going against the recommendations of the parliamentary standing committee that scrutinized the bill. "The government must have a role in land acquisition," Ramesh told a news conference. "We must recognize that we are not at a stage of development where government's role can be 'eliminated." The minister said he did not support the...

At last, the real anxieties lurking behind what has come to be called the “Ambedkar cartoon” controversy are out in the open. It is hideously clear by now that MPs “uniting across parties” are acting as one only to protect themselves from public scrutiny, debate and criticism. It turns out, as some of us suspected all along, that the “sentiments” that have been “hurt” this time are the easily bruised...

-The Telegraph Mamata Banerjee’s suggestion that the government should keep away from land acquisition for private industry has got the backing of a parliamentary standing committee, which has suggested that private enterprises buy plots on their own. The National Land Acquisition and Rehabilitation and Resettlement Bill, which was introduced in Parliament last year by rural development minister Jairam Ramesh, had laid down that the government could acquire land only for a “public...

Even as the government races against time to procure enough jute bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of jute bags in the country. While the central government has placed an order for four lakh jute bags to be imported from...