Compensation will be paid before land takeover The new relief, rehabilitation, and resettlement package drawn up for those providing land for development initiatives in the State has been armed with provisions for substantive compensation, due stakeholder participation, and a social impact assessment, wherever needed. The focus of the package, prepared by the Revenue Department, is on providing a reasonable compensation to project-affected persons (PAPs) and disbursing it before taking possession of the...

Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns.  By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...

The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...

-The Telegraph    The text prepared for negotiations at the Durban global climate-change conference, where high-level discussions begin on Monday, is riddled with disagreements. The 131-page text, prepared by officials from the various governments, was released late on Saturday. It is full of brackets, The Telegraph has found, which means that some country or the other has not agreed to what has been written within the bracketed area. It’s clear that the 190-odd participating...

-The Hindu   Union Finance Minister Pranab Mukherjee on Monday confirmed to a section of the Opposition that the Union government had decided to put on hold the move to allow foreign equity in the multi-brand retail sector, pending further consultations. The issue has stalled Parliament since November 25. However, it is not immediately clear whether this is enough to break the deadlock. On Monday, Mr. Mukherjee called up BJP leaders L.K. Advani and...