-The Business Standard The Bill will negatively impact new projects, with land acquisition cost going up by as much as 150%, say industry captains After the initial euphoria, leaders of India Inc are realising that the proposed Land Acquisition, Rehabilitation and Resettlement Bill will not make their lives easier. Instead, it will negatively impact new projects, with land acquisition cost going up by as much as 150 per cent, making large projects...
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Montek Has Outstanding Housing Loan of Rs 1.5 Cr: RTI
-Outlook Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, has an outstanding loan of Rs 1.5 crore for purchase of a house in posh Greater Kailash locality here, according to an RTI reply. Ahluwalia, whose financial assets net of liabilities as of 31 March 2012 are Rs 3,85,82,450, has a loan of Rs 1.5 crore from Syndicate Bank for house purchase, the RTI reply says. Ahluwalia purchased the 500-square yards house at...
More »Horrific Bangladesh factory fire revealed a gap in safety for global brands-Jim Yardley
-The New York Times ASHULIA, BANGLADESH: The fire alarm shattered the monotony of the Tazreen Fashions factory. Hundreds of seamstresses looked up from their machines, startled. On the third floor, Shima Akhter Pakhi had been stitching hoods onto fleece jackets. Now she ran to a staircase. But two managers were blocking the way. Ignore the alarm, they ordered. It was just a test. Back to work. A few women laughed nervously. Ms....
More »All to the sweat shop-Bhavdeep Kang
-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
More »Identify this-Ila Patnaik
-The Indian Express Financial justification for Aadhaar doesn’t require it to cover entire population or have multiple uses Some people think of Aadhaar as a magic bullet for India. Others oppose it for privacy concerns. The government has showcased Aadhaar as a tool for targeted subsidy payments. As with all government programmes, the public should be sceptical, and the government must demonstrate through a cost-benefit analysis that the expenditure of public money...
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