-Outlook At least five of the 13 coal blocks allocated when Madhu Koda was the Chief Minister of Jharkhand are under the CBI scanner for alleged irregularities in the applications submitted by the beneficiary firms. CBI sources said today preliminary investigations have shown there were alleged irregularities in the allocation of at least five coal blocks during the Tenure of Koda--between September 2006 and August 2008. During the two-year period, the sources said...
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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak
-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way. Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....
More »The age of judicial reform -TR Andhyarujina
-The Hindu In keeping with global practices, Supreme Court judges should retire at 70 On August 18, 2012, Prime Minister Manmohan Singh, speaking at the 150th year celebrations of the Bombay High Court, said the government was in favour of raising the age of retirement of High Court judges. Presently, Supreme Court judges retire at 65 and High Court judges at 62. The Prime Minister was referring to the Constitution (114th Amendment)...
More »Cloud on Nayachar project
-The Telegraph The Union environment ministry has raised concerns over the proposed power plant on Nayachar island, casting a cloud on the Rs 8,600-crore investment proposal by NRI businessman Prasoon Mukherjee. At a meeting earlier this month with Bengal government officials, an expert appraisal committee under the central ministry asked the state to come up with a revised environment protection plan. Handing over a 100-page dossier prepared by a group of professionals, chaired...
More »Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya
-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...
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