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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty

-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...

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Letting them off easy -Manju Menon & Kanchi Kohli

-The Hindu In the newly proposed draft notification seeking to amend the Environment Impact Assessment, the Central government offers a way out to those who have violated environmental norms The Ministry of Environment, Forest and Climate Change (MoEF) has issued a draft notification seeking to amend the Environment Impact Assessment (EIA) of 2006, allowing those who violate this law to continue work with an Environment Supplement Plan (ESP). This is the first...

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Environment ministry defines forests, legally -Nitin Sethi

-Business Standard Large green patches, apart from recorded forests, to get protection. Clarity to help industry In a move that is expected to have far-reaching consequences for protection of forests while ensuring ease of doing business for mining sector, realty sector and industry, the Union environment ministry has defined what constitutes a forest under the Forest Conservation Act 1980 (FCA). The legal definition, pending since 2006, will help in identifying areas where development...

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Coming soon: Clause in real estate bill to check bias against religion, sexual orientation, diet -Shalini Nair

-The Indian Express The anti-discrimination clause will provide recourse to buyers who are denied a house by builders owing to their caste, ethnic origin, gender, sexual orientation, dietary choices or any such factors. The Centre is set to introduce an anti-discriminatory clause in rules under the real estate Act to curb the practice of builders refusing to sell their apartments based on a buyer’s religion, marital status or dietary preferences. The Real Estate...

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Flaws in many rural development plans -Sanjeeb Mukherjee

-Business Standard Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes Wage payment delays are a distressing feature of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), an official panel says. This has to be adequately addressed, by  the Centre and states, to keep the programme’s spirit alive, it has said. It and some other findings of concern are the result of a multi-state Common Review...

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