-The Hindu PM Modi to head panel that will give strategic advice On the first day of the New Year, the Modi Government set up NITI Aayog (National Institution for Transforming India) in place of the Planning Commission. The Prime Minister will head the new institution tasked with the role of formulating policies and direction for the Government. Its Governing Council will comprise State Chief Ministers and Lt. Governors of Union Territories. The...

-The Hindu In the name of economic reforms and development, the government has taken a significant step backward in India's march to land justice. The pushing through of the Land Act ordinance violates all democratic norms On Monday, the Bharatiya Janata Party government cleared the proposed ordinance to amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013. This amendment, insofar as has been made known...

-Business Standard The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly. After a failed winter session of Parliament, the government recommended promulgating an ordinance for changes to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Justifying the use of ordinance, Finance Minister Arun Jaitley said the government had to...

-The Hindu Business Line   The CAG report details how these have neither helped industrial development nor boosted the economy Nearly a decade after the Special Economic Zones Act was brought into force, it is evident that the move has not helped industrial development. After examining SEZs in terms of background and objectives, fiscal incentives and facilities, approval process and administration, as well as life cycle, State-wise distribution and overall performance, parts of a...

-The Indian Express In an article in these columns (‘A fertile mess', IE, December 11), Ashok Gulati says India has landed its fertiliser industry in a mess because of rising subsidies, lagging investment, unbalanced use of fertilisers and diversion of urea for other uses, among other things. He blames it all on administered pricing and subsidy costs, and advocates the increase of urea prices or cash transfer of the fertiliser subsidy...