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Diluted retrospective clause in Jairam’s 153 land Bill changes-Ravish Tiwari and Maneesh Chhibber

-The Indian Express In a major course correction, the 153 amendments that Rural Development Minister Jairam Ramesh is likely to introduce to the Land Acquisition Bill in Lok Sabha on Tuesday includes a watered-down retrospective clause. The cabinet, which met last Thursday, had established the sanctity of awards declared for ongoing land acquisition processes under the existing Land Acquisition Act, 1894 across the country. This was a rejection of Jairam’s proposal to...

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CEOs give new land acquisition Bill the thumbs down

-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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Retail store builders set to get FDI boost -Sachin Dave

-The Hindustan Times As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. A revival of investment plans is on the cards. The supply of rental spaces across India recorded a drop of 65% in 2012 from the previous year, according to a report...

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Chhattisgarh government paid TV channels for favourable news coverage, claims paper -Suvojit Bagchi

-The Hindu Absolutely nothing wrong in funding the channels in a transparent way, says official Raipur: Raman Singh’s BJP government “has paid for favourable news stories” and “regular live coverage” to a host of national and local television channels, an English language newspaper reported. Furthermore, the senior editors of the channels concerned allegedly wrote to the public relations (PR) department of the Chhattisgarh government “negotiating” rates to produce “news stories” and to ensure...

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Where there is a will

-The Hindu The Andhra Pradesh Assembly did itself proud by passing a Bill aimed at bringing the State’s disadvantaged sections on a par with the rest of society in economic, educational and human development terms in the next 10 years. The Andhra Pradesh Assembly did itself proud by passing a Bill aimed at bringing the State’s disadvantaged sections on a par with the rest of society in economic, educational and human development...

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