KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

When noted economist Jean Dreze visited Surguja in Chhattisgarh a decade ago, its utterly non-functional Public Distribution System (PDS) looked like especially “designed to fail.” The National Advisory Committee member has written in a recent article that the ration shop owners illegally sold the grain meant for the poor and “hunger haunted the land.” But that was then. The economist was pleasantly shocked to see the transformation this time. “Ten years...

A 24-hour nationwide strike called by trade unions has caused major disruption in parts of India. The walkout was felt mostly in Tripura, Kerala and West Bengal states where the ruling Communists backed the action. Called to protest against price rises and alleged labour law violations, the action caused major disruption to air and road transport in those states. The coal, power, telecom, banking, insurance, defence, port, petroleum and construction sectors joined the...

Posco, whose mega steel project in Orissa’s Jagatsinghpur district hangs in balance after Ministry of Environment and Forests issued a stop-work order last week, has now questioned the Naveen Patnaik government’s plan to reserve 90 per cent jobs in the unskilled and semi-skilled category for “local people” for all upcoming industrial projects. A High Level Clearance Authority of the state government chaired by Chief Minister Naveen Patnaik recently cleared a proposal...