-PTI Chidambaram’s proposal to fast track projects approved after renaming Seeking to remove investment bottlenecks and promote growth, the government on Thursday decided to set up a Cabinet Committee on Investment (CCI) to accord single-window approval to mega projects of over Rs 1,000 crore. CCI will be headed by the Prime Minister. “The proposal to set up the Cabinet Committee on Investment, headed by Prime Minister, to fast track mega projects of over...

-The Hindustan Times The cabinet on Thursday cleared the land acquisition bill, paving way for its introduction in the winter session. With the new law in place, the government hopes to facilitate land acquisitions that have become a roadblock for the economy. The cabinet also removed bureaucratic hurdles that hold up highway projects. According to the provisions of the bill, consent of 80% of landowners would be needed to acquire land for private...

-Frontline Farmers protest against the Central clearance for coal bed methane exploration in Mannargudi, Tamil Nadu, as they fear it will devastate agriculture in Tiruvarur and Thanjavur districts.  THE woes of the delta farmers of Tamil Nadu are far from over. While the Cauvery tangle continues unresolved, they fear the proposed multi-crore project for commercial exploration and exploitation of coal bed methane (CBM) in the Mannargudi block of Tiruvarur district will prove...

-The Hindu New investment committee can hasten,not compel clearance After the Environment Ministry’s vociferous objections to a National Investment Board (NIB) which could assume some of its authority, the Union Cabinet on Thursday approved a renamed and watered down version of the original proposal, creating a new Cabinet Committee on Investment (CCI) to expedite decisions on infrastructure and manufacturing projects over Rs. 1,000 crore. The new CCI will be chaired by Prime Minister...

-The Hindu The Land Acquisition Bill, which strengthens landowners’ rights during acquisition for development, has finally received the nod of the Union Cabinet, and is likely to be introduced in Parliament during the final week of the winter session. The final version of the bill was approved by the Cabinet on Thursday, more than a year after Parliament sent the earlier avatar to a Standing Committee. In the months since, the bill...