-The Economic Times The government has made key changes to the proposed legislation for land acquisition, making it more attractive for industry by easing some of the stringent conditions, a person privy to the draft told ET. The rural development ministry has proposed to not implement the legislation with retrospective effect, besides relaxing the requirements of consent from landowners, and tightening the definition of market value. The amended Bill has been rechristened 'The...
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No strike axe on parties, says govt-Samanwaya Rautray
-The Telegraph The Centre today told the Supreme Court that neither the courts nor the Election Commission can de-recognise political parties for calling bandhs that result in large-scale destruction of public property. The Centre quoted a 2002 judgment delivered after the Congress had moved Kerala High Court against the CPI for frequently calling bandhs — complete shutdowns, which are illegal — under the ruse of calling hartals, which are optional. According to...
More »An unproductive idea-Milind Murugkar
-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...
More »The growth model has come undone-Mritiunjoy Mohanty
-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
More »Govt writes to state CMs for FDI in multi-brand retail
-The Times of India The government is moving swiftly to build a consensus over the move to allow foreign investment in the multi-brand retail sector with the commerce, industry and textiles minister Anand Sharma writing to three key state chief ministers of Uttar Pradesh, Punjab and Odisha to seek their support. Sharma has been trying to build a consensus and has met several chief ministers to draw their support to the move....
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