-PTI New Delhi: Under fire from the Opposition on the Land ordinance, government today said it is considering a number of representations from stakeholders expressing concerns on the interests of the Farmers on the provisions of the law. Defending the ordinance to amend the Right to Fair Compensation and Transparency in Land Acquisition, Resettlement and Rehabilitation Act, 2013, Law Minister D V Sadananda Gowda told Lok Sabha that many state governments and...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-Press Information Bureau/ Ministry of Finance The Economic Survey emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth. The Economic Survey suggests 3 incremental steps as possible solution, building on the Budget 2014 recognition for setting up a national market, Farmers' markets and need for the Central Government and the State Government...

-Hindustan Times Prime Minister Narendra Modi said on Friday his government would not stop the National Rural Employment Guarantee Scheme as it was a "living reminder" of the previous UPA government's "failures". Replying to the motion of thanks on the president's address in the Lok Sabha, the prime minister said: "Sometimes people ask whether MGNREGA would be discontinued." Modi quipped though the Opposition might say he does not understand some issues, they...

-The Huffington Post Going by the number of Farmers, Indian agriculture is the nation's largest private enterprise. And also the only one lacking free markets. So it is hardly surprising that half of India's population, since it depends on agriculture, contributes only 15% of the country's income. The shocking waste of entrepreneurial energy, time and resources of 263 million Farmers and laborers has kept rural families in poverty, accelerated urban migration...