The Supreme Court has converted a high-powered committee of the Government of India, on the issue of black money, into an SIT under its own direction. This is an expression of no-confidence in the executive. The government’s intention in tackling either the problem of black economy or bringing back the black savings stashed abroad is suspect. According to reports, the money stashed abroad by the corrupt businessmen, politicians and others...
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High compensation = high property prices by Devesh Chandra Srivastava
Draft Bill on land acquisition pegs compensation on market value but how government agencies will reach this value remains a concern In response to farmers’ agitation in the last few years over faulty land acquisition and poor compensation—the Tata-Singur fiasco in West Bengal, Posco in Orissa or the recent farmers’ agitation in Noida—the ministry of rural development is planning to replace the archaic Land Acquisition Bill, 1894. It has come up...
More »Deconstructing The NAC by Ruchi Gupta
The past couple of months have seen a renewed attack on the National Advisory Council (NAC). The NAC has been decried as an unconstitutional, undemocratic, “super-cabinet” where unaccountable “jholawalas” hatch harebrained schemes guaranteed to run the government aground. Another line of criticism has focused on the process of the formation of the NAC, its space within the Indian Constitution, and its capacity to influence policy. The two criticisms merge with...
More »Coalition opposes GM crop trials in State
-The Hindu The Coalition for GM-Free India has expressed concern over the way field trials for genetically modified crops and seed production were being allowed in the State. At a national meet here, the Coalition wanted the government to disallow these trials as was done by States like Bihar, Orissa, Madhya Pradesh, Karnataka, Kerala and Chhattisgarh. Cautioning against any move to revoke the requirement of State's no objection certificate (NOC) for any...
More »Indian tax plans condemned by mining companies by Suvojit Bagchi
Mining firms have criticised the Indian government's decision to make them pay more tax to help develop tribal areas affected by the Maoist uprising. Various trade associations have denounced the bill, under which firms will pay upto 26% extra tax on profits. The new legislation is to be introduced during the new parliamentary session which started on Monday. Maoist rebels say they are fighting for the rights of indigenous tribal people and the...
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