-PTI Details of assets and payments received by Indian citizens in several countries have "started flowing in" and are being investigated, Finance MinisterPranab Mukherjee disclosed on Saturday. Information about wealth stashed away in Swiss banks by Indians is expected by the government before the end of the year, he indicated after pointing out that India had signed a Double TaxationAvoidance Treaty withSwitzerland. The treaty is likely to be ratified by the Swiss...
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Making food subsidies work better by Pradeep S Mehta
If Rajiv Gandhi were alive, he would have been delighted to see his view on leakages confirmed by a research study on the public distribution system [How Can Food Subsidies Work Better? Answers from India and the Philippines by Shikha Jha and Bharat Ramaswami (http://www.adb.org/documents/working-papers/2010/economics-wp221.pdf)]. The ADB study showed that the deserving poor in India received only 10 per cent of the benefits from the system. Nearly twice accrues to...
More »“There's need for more clarity in land Bill”
-The Hindu There is no major difference in views between the West Bengal government and the Centre on the draft Land Acquisition and Resettlement and Rehabilitation Bill 2011 though there is need for clarity on some points, Union Rural Development Minister Jairam Ramesh said here on Sunday. Mr. Ramesh discussed the draft Bill with Debabrata Bandyopadhyay, a former bureaucrat, a day after he held talks on Saturday with West Bengal Chief...
More »CM imprint in bill draft by Suman K Shrivastava
The proposed land acquisition bill unveiled by the Centre today will not override provisions of two landmark laws that seek to protect the interests of tribal landowners, thereby addressing a serious concern of states like Jharkhand where bulk of the land being eyed by industry is in forests inhabited by tribals. On a day the Draft National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, was put in the public domain,...
More »New Land Acquisition Bill unlikely to set threshold for government intervention, states to FRAme policies by Devika Banerji & Prabha Jagannathan
The new Land Acquisition Bill is unlikely to set a threshold for government intervention in land purchases, leaving it to the states to FRAme policies on this politically volatile subject. The Bill will, however, eliminate any scope for discrimination by specifying the same rate of compensation for all affected for land acquired by private developers or the state on their behalf. It will also put the onus of compensation on the...
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