Finance Minister P Chidambaram on Wednesday ruled out stocks or shares as a form of recompense to those who might have lost their land while making way for industrial development.
Maruti Suzuki's woes at Manesar are piling up with the Haryana government asking the company to pay Rs 235 crore (Rs 2.35 billion) to HSIIDC as enhanced compensation to farmersfor land acquisition under a Supreme Court order.
Posco India on Wednesday pressed for handing over of 2,700 acres of land to the company for start of construction of its much hyped project in the state.
The time taken in land acquisition has been drastically brought down to 12 months from 24 months earlier.
The retraction was preceded by a shouting match between Finance Minister Pranab Mukherjee and Railway Minister Mamata Banerji, who had threatened to walk out of a Cabinet meeting protesting some provisions in the Bill earlier this month.
Lok Sabha on Monday witnessed repeated disruptions as Samajwadi Party members vociferously raised the issue of reservation in promotions in state jobs.
While referring the Noida extension land acquisition issue to a larger bench, the Allahabad High Court on Tuesday gave the Uttar Pradesh government and the agitating farmers a bonus period of 17 days to try and negotiate an out of court settlement.
Given the Opposition majority in the Rajya Sabha, the LARR Bill passed by the Upper House may be a deeply diluted version of the government's own 2015 Bill
The Tamil Nadu government has agreed to help Tata Steel procure nearly 10,000 acres of land for its Rs 2,500-crore (Rs 25 billion) titanium dioxide project in Tuticorin district, 540 km south-west of state capital Chennai. This is the first time the state government has officially said it will get involved in the land acquisition process for Tata Steel's ambitious project, which has been on paper for nearly a year.
Karnataka Home Minister R Ashok, who was in the dock for his alleged role in a land case, can now heave a sigh of relief. On Friday, the Lokayukta police gave him a clean chit. In a report submitted by the police to the Lokayukta court, it is stated that he had no role to play in the case.
Thirteen years after their small car project was forced out of West Bengal following the anti-land acquisition movement in Singur, Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state. Underscoring job creation as the TMC government's top priority, Chatterjee also said incentives to companies will depend on ability to generate employment. He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest. "We never had any enmity with the Tatas, neither we fought against them. "They are one of the most respected and biggest business houses of this country and also abroad. "You can't blame the Tatas (for the Singur fiasco).
Land pooling refers to amassing small land parcels for infra development and returning approximately 60% of the redeveloped land to the original owners
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Congress president Mallikarjun Kharge accused the BJP-RSS of carrying out a "well-planned conspiracy" against national heroes and said that Sardar Vallabhbhai Patel's ideology was contrary to the RSS' ideas. He defended the relationship between Sardar Patel and Jawaharlal Nehru, saying they were "two sides of the same coin". He also criticized the BJP-RSS for their alleged attempts to appropriate the legacy of Mahatma Gandhi and Sardar Patel.
The government has announced a crop insurance policy.
Of 3,719 acres of land required for Posco project, the minister said the state government had already acquired 2,000 acres in the illegal possession of the people in Gadakujang and Nuagaon gram panchayats.
Sajjan Jindal's model of making land-losers stakeholders in his Bengal project appears to be attracting others.
Giving a message of larger opposition unity, Congress President Sonia Gandhi and former prime minister Manmohan Singh will march with leaders of at least ten parties from Parliament House to President House on Tuesday and submit a memorandum against the new land bill.
The Congress on Saturday accused the Centre of insulting Dr Manmohan Singh, the country's first Sikh prime minister, by carrying out his last rites at the Nigambodh Ghat instead of a designated spot that could later become his memorial.
'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'
Tata Sons chairman Ratan Tata on Tuesday expressed hope that the West Bengal government would be able to acquire land for its ambitious Rs 1 lakh car project in the state.
Buying of land should be left to developers and land owners: Venkaiah.
Chief Minister Mamata Banerjee also said 800 cheques would be distributed among the farmers who had not taken them earlier
Though the fate of the Rs 51,000-crore (Rs 510-billion) project hangs in balance after a four-member Forest Advisory Council filed a split report on withholding environment clearance, people in this coastal village, the hotbed of the resistance movement, are worried about getting displaced.
The BJP is treading cautiously on the crucial land bill and will take it up only after the passage of the Mines and Coal bills in Rajya Sabha on Thursday.
It also questioned the motive behind filing the PIL and asked the petitioner to file the detailed of the land owner's who have been affected by the acquisition.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
SAD and Paksha have written to the panel headed by S S Ahluwalia that "not an inch" of land should be acquired without the consent of farmers.
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
Observing that the Bharatiya Janata Party is in favour of passing the Food Security Bill with some amendments, party president Rajnath Singh on Monday asked the government to advance the monsoon session of Parliament for the purpose. "We are ready for a debate on Food Security and Land Acquisition bills. We want these bills passed with some amendments. The monsoon session should be advanced for this," he told reporters.
Delhi Chief Minister Arvind Kejriwal will join social activist Anna Hazare in his protest against the land ordinance on Tuesday at the Jantar Mantar in New Delhi.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
Punjab Police thwarted farmers' attempt to go to Chandigarh on the Samyukta Kisan Morcha's call for a week-long dharna beginning Wednesday, as multiple checkpoints were set up across the state and security stepped up at all entry points of the Union Territory.
Hundreds of Congress workers on Monday clashed with the police during a protest against the BJP government's Land Acquisition Bill, saying it was anti-farmer.
'They spent thousands of crores to destroy my image and now people think it is harmful to me'
After dropping a Rs 5,000 crore plan to fill parts of strategic oil storages, the government will lease out space in the underground rock caverns to domestic and international firms to store oil, a top executive said on Tuesday. India Strategic Petroleum Reserve Ltd has built underground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store 5.33 million tonnes of oil that can be used in any emergency situation like supply disruption or war. UAE's Abu Dhabi National Oil Company (Adnoc) has already hired half of the 2.5 million tonnes storage capacity at Padur and 1.5 million tonnes facility at Mangalore.
After a discussion which went on for over 90 minutes and amid opposition to some of the proposals by ministers, the Union Cabinet Monday evening passed the draft Land Acquisition, Rehabilitation and Resettlement Bill 2011.
Rural Development Minister Jairam Ramesh was hopeful that the bill will be passed in the Budget session.
Ahead of their planned protest in Chandigarh on March 5, several Samyukta Kisan Morcha (SKM) leaders were detained in early morning raids at their residences on Tuesday and Chief Minister Bhagwant Mann denounced the agitating farmer unions, saying they have turned Punjab into a 'state of dharnas' and caused huge losses to it.
