According to sources, the GoM has accepted the rural development ministry's demand to stick to the 70:30 formula for land acquisition for industry, after rejecting suggestions of a parliamentary panel, Left parties and some state governments. This means that a state can acquire only up to 30 per cent of the total land required for a project with the remaining being acquired by the private party concerned.
The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.
The court, which quashed the emergency powers invoked by the state for land acquisition, also asked the state to invite objections from land owners.
'If I am angry, then I do not have the right to be in the Cabinet. Whatever I have done, I have ensured that farmers' interests are protected,' Rural Development Minister Chaudhary Birender Singh, who 'abstained' from a meeting with the President on the ordinance, tells Rashme Sehgal.
The Union government acquired land for widening of an under-construction highway, overruling farmers objections in Rohtak, Haryana.
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
The new ordinance on land acquisition will allow land grabbers to deprive millions, destroy agriculture, horticulture, rivers, forests, tree cover and mangroves to extract minerals as well as ground water, without replenishment at a pace that will not leave anything for the next generation, warns activist Medha Patkar.
Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.
A court in Ahmedabad in Gujarat has directed the Congress and four of its leaders to remove a deep fake video of Prime Minister Narendra Modi and industrialist Gautam Adani from social media platforms.
Ghosh's elder son, Biswajit, claimed that this was a planned attempt to murder his father, and alleged that Shahjahan pulled strings sitting in jail to carry out the crime.
In his book, Backstage: The Story Behind India's High Growth Years, Montek Singh Ahluwalia accepted the Act "increased the cost of land to financially unsustainable levels ... and made it easier for anyone who wants to stop a project to use the various consultative processes required under the law to delay matters".
The Lakshadweep administration is considering acquiring Bitra Island for defence purposes, citing its strategic location and national security relevance.
A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.
Authorities have demolished a 128-year-old mosque in Assam's Dibrugarh to construct a drainage system for solving the waterlogging problem in the town, officials said on Thursday.
The Indian Navy commissioned its second squadron of MH-60R (Romeo) anti-submarine helicopters, INAS 335 'Ospreys', at INS Hansa naval base. The commissioning ceremony was attended by Chief of Naval Staff Admiral Dinesh Tripathi, who emphasized the importance of strengthening maritime security.
While big buys grabbed attention, several franchises quietly walked away with proven performers at throwaway prices -- the kind of signings that often make the difference between mid-table finishes and title runs.
If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.
A bench of justices H L Dattu and A R Dave said that besides notifying the acquisition in the official gazette, the authorities were bound to notify the affected persons through media notifications in at least two newspapers in the local region.
This follows a seven-day sustained campaign by farmers against the acquisition of 121 hectares of land in Katesar village in the district, about 325 km from Lucknow for building 'New Kashi' city as a parallel to Varanasi.
Zomato was not just recovering, it was rebuilding and reinventing, showing signs of maturing as a business. Chaos had been turned into momentum. A fascinating excerpt from Megha Vishwanath's book, UNSEEN: The Untold Story of Deepinder Goyal And The Making Of Zomato.
C P Joshi, India's Rural Development Minister, on Tuesday claimed that a Bill to provide for acquisition of land for industrial projects and Special Economic Zones (SEZs) has been cleared by the Cabinet and the timing of its introduction in Parliament will be decided by the Parliamentary Affairs Ministry.
Gadkari said we have taken note of issues raised by states and will prepare a report which will be submitted to Prime Minister Narendra Modi in ten days.
India is strengthening the naval component of its nuclear triad with Navy Chief Admiral Dinesh K Tripathi on Tuesday saying that the third indigenous nuclear-powered submarine 'Aridaman' will be commissioned soon and that his force is focusing on boosting its overall combat prowess.
Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.
The TDP leadership sees the hand of Prime Minister Narendra Modi behind the governor rejecting the ordinance. Member of Parliament CM Ramesh told this correspondent that the governor was acting like the "Centre's agent".
Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
The land pooling policy aims to kick-start a new wave of urbanisation in the predominantly rural state.
He said while there were unwilling land losers, there were others who lost the opportunity of being employed in industry.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
'...yet struggles to convert that human capital into domestic productivity.'
The government should not play any role in acquisition of farm land for industrial projects and let private companies directly deal with farmers, Agriculture Minister Sharad Pawar said on Wednesday.
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
Tata Motors' commercial vehicle (CV) business debuted on the BSE on Wednesday, completing the automaker's long-planned demerger into separate listed entities for its passenger and CV operations.
Former Jharkhand chief minister and BJP leader Champai Soren was placed under house arrest on Sunday to prevent law and order issues in view of a protest by tribal outfits against land acquisition for a multi-crore state-run health institute, police said.
The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at Rs 1.45 trillion.
Members in the Lok Sabha, on Tuesday, condemned the "forcible" acquisition of land in Uttar Pradesh and firing on protesting farmers prompting the government to state that a comprehensive bill in this regard would be brought in Parliament at the earliest.
India has approved proposals to procure weapons and military hardware worth Rs 79,000 crore, including Nag missiles, amphibious warfare ships, and electronic intelligence systems, to enhance the military's combat capabilities.
The panel, headed by Congress MP Saptagiri Sankar Ulaka, had called Patkar to hear her views on the implementation and effectiveness of the land acquisition law enacted by Parliament when the Congress-led UPA government was in power in 2013.
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