-The Economic Times   India's new mining Bill has provisions which seek, rightly, to shovel money from mining companies to rural people affected by mining, but the devil could lie in the detail. The proposal has three defects. One, it seeks differential treatment for coal and other minerals - coal miners would share 26% of their profits, while miners of other minerals would give additional royalty payments. Pray, why? Two, it exempts...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisition and Resettlement & Rehabilitation Bill tabled in Parliament last week. Instead, the government is in the process of revamping its existing land acquisition policy. The state government is not agreeable to the 80 per cent consent norm proposed in...

-IANS   Bihar, for years a Metaphor for backwardness, will now harness modern communiction tools to nail corruption. It will expose officials seeking bribes in welfare schemes by uploading clips of complaints against them on the video-sharing website YouTube. "The state government has decided to use YouTube as a new tool to expose corrupt and bribe-seekers," Bihar Rural Development Minister Nitish Mishra told media as graft becomes a nationwide concern, particularly with...

Gandhi, JP, VP. . . Anna is being compared to many stalwarts. But is this gummy old man tilting at windmills or is he a genuine harbinger of change? When Arvind Kejriwal and his partners in 'India Against Corruption' brought Anna Hazare to Delhi as the face of their movement for a Jan Lokpal bill, they little imagined that this gummy old man from tiny Ralegaon Siddhi in Maharashtra would capture...