-Business Standard This could help bypass central legislation and break the land Bill deadlock Ten big states, most of those ruled by the Bharatiya Janata Party (BJP) and its alliance partners, on Wednesday sought to unshackle themselves from the logjam over amendments to the contentious land acquisition Bill, 2013, by proposing to bring their own laws for boosting infrastructure development. At a NITI Aayog meeting to discuss the land Bill (the Right to...
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States can pass own land acquisition laws if Centre can't: Jaitley
-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process. Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...
More »Insurance scheme for farming sector on the anvil: Jaitley
-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...
More »Why poverty is development’s best friend -G Sampath
-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...
More »Direct cash transfers to cut LPG subsidy by 25%: FM
-The Times of India NEW DELHI: Finance minister Arun Jaitley on Sunday said the direct transfer of cooking gas subsidies into the bank accounts of users will help the government cut its subsidy bill by around Rs 12,700 crore, or around a quarter of the funds spent last year. The minister used the successful transition to direct benefit transfer (DBT) system to argue for extending the scheme to other subsidies, something that...
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