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...

It’s been raining “rights” in Indian policy for the last few years — education, work, food, service, healthcare, and much else. This “Diet Coke” approach to poverty reduction — the sweetness without the calories — was always dangerous because of unknown side effects. Commenting in 1790 on the consequences of the French Revolution, Edmund Burke said: “They have found their punishment in their success. Laws overturned, tribunals subverted, industry without...

-PTI   Aiming at ensuring better resettlement and rehabilitation, the draft Land Acquisition Bill proposes to set up a national monitoring body which will be regularly updated by the states. 'The Draft National Land Acquisition and Rehabilitation &Resettlement Bill, 2011' also proposes to set up authorities both at central and state level for speedy disposal of issues related to land acquisition. "The central government shall constitute aNational Monitoring Committee for reviewing and monitoring the...

-PTI   Details of assets and payments received by Indian citizens in several countries have "started flowing in" and are being investigated, Finance MinisterPranab Mukherjee disclosed on Saturday. Information about wealth stashed away in Swiss banks by Indians is expected by the government before the end of the year, he indicated after pointing out that India had signed a Double TaxationAvoidance Treaty withSwitzerland. The treaty is likely to be ratified by the Swiss...

-IANS   West Bengal Chief Minister Mamata Banerjee, unveilinging scholarships and sops for the state's minorities, on Saturday accused the previousLeft government of sowing confusion by announcing a "hurried and erroneous" quota in government jobs for Muslims. Addressing a programme organised by the West Bengal Minorities Development and Finance Corporation, Banerjee declared that loans totalling Rs.82 crore will be given this year to the minorities, besides scholarships and stipends worth Rs.122 crore. "This...