-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
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Land acquired over past decade could have produced food for a billion people-John Vidal
-The Guardian Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...
More »Consensus eludes UPA on land Bill-Liz Mathew
-Live Mint Cabinet refers land acquisition Bill to GoM to resolve differences after five ministers express apprehensions Differences within the Union cabinet have nixed the plans of the Congress-led United Progressive Alliance (UPA) to fast-track a new legislation for land acquisition and compensation, widely seen as a key measure to spur investment in the economy. Consequently, the cabinet on Tuesday referred the controversial land acquisition Bill to a ministerial group (a so-called group...
More »FDI in multibrand retail will not further reform agenda-Manoj Pant
-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
More »Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
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