The Congress-led United Progressive Alliance government’s proposed land acquisition law, a politically sensitive and critical piece of legislation that could potentially remove a big roadblock to industrial investment, aims to address rehabilitation and resettlement (R&R), providing safeguards for both land owners and livelihood losers, while clearly defining the “public purpose” for which land can be acquired by the government. “This draft Bill seeks to balance the need for facilitating land acquisition...

Despite a recovery, acreage of groundnut, sunflower and castorseed recorded a sharp decline this year due to low rainfall in major producing areas during the peak sowing season. The three major kharif oilseeds are sown for a month starting June 15 and harvested between October and December. Data collated by the ministry of agriculture showed the area under groundnut declined 28.37 per cent as on July 21. The sowing area under...

RV Gumaste, a member of Kirloskar’s project team that set up Bellary’s first iron-making unit in 1994, has never seen such times since he first moved base from Pune 17 years ago. “We will take the burden for our regular employees for some time. But how long?” says the industry veteran, who was appointed Managing Director of Kirloskar Ferrous Industries Ltd in July 2003. The Rs 1,100-crore company has 800...

Jharkhand is viewing with serious concern Mamata Banerjee government’s peace initiatives with Maoists in neighbouring Bengal, the apprehensions centred around a prevalent lull in anti-rebel operations that could lead to repercussions in a state that the Union home minister described as the epicentre of left wing extremism. State DGP G.S. Rath believes the developments in Bengal, where peace moves have meant that anti-rebel operations have been reduced to routine patrolling by...

Anna Hazare’s team today said the Lokpal bill was a “cruel joke” on the country and warned that people would teach the government a lesson after the Gandhian begins his fast at Jantar Mantar from August 16. The group also said the Supreme Court would strike down the legislation as unconstitutional if it kept the Prime Minister out of the ambit of the proposed anti-corruption ombudsman. “It is a deceit on...