-TheWire.in The new state laws, which are in line with the BJP’s land ordinance, undo consent procedures and legitimise land acquisition with terms favourable to investors. One of independent India’s landmark legal reforms has failed. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, (LARR) 2013, which replaced the colonial legislation of 1894, was one of the biggest reforms in the arena of land governance. But following...
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Economy outlook still cloudy -Ajit Ranade
-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »Despite RERA, Centre and states not doing enough to protect home buyers -Manish
-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...
More »Small-scale fishermen form the backbone of India's fisheries sector, but policy is silent on them -John Kurien
-Scroll.in The National Policy on Marine Fisheries is tentative and fails to address the real problems of traditional fishing communities. Though India cannot call itself a nation of fish-eaters, it does have some of the world’s richest fishery resources and an Exclusive Economic Zone in the ocean the size of 60% of its land area. It ranks third in world fish production with a harvest of 6.3 million tonnes. This is...
More »Developers in quandary as states not ready with Rera rules -Prabhakar Sinha
-The Times of India NEW DELHI: Real estate developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...
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