The cost overruns were because of rise in prices of construction materials, delay in land acquisition, utility shifting and obtaining clearances from forest/environment, he said during Question Hour. Poor performance of some contractors and law and order problems in some states were some other reasons.
The Vishwaguru who addressed the maximum rallies and boasted of being blessed with divine energy, who promised guarantees in his own name, turned out finally not invincible, points out Jyoti Punwani.
Fourteen persons were killed in the firing on a demonstration against land acquisition on March 14, leading to a nationwide outrage and the Calcutta high court 'suo motu' ordering a CBI investigation.
'We completed Rs 17 trillion worth of projects in the first term and currently Rs 9 trillion worth of contracts are under construction.'
'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'
Banks are not allowed to lend to developers for purchasing land parcels.
Congress president Sonia Gandhi has said the government has a "very active agenda" for Parliament in the coming months when bills on land acquisition, food security and changes in income tax laws will be taken up.
Modi to dilute pro-business changes to land bill.
Farmers' protest over land acquisition in Uttar Pradesh derailed proceedings in Parliament on Monday with both the Houses adjourning twice over the issue which saw Bharatiya Janata Party, Samajwadi Party, Rashtriya Lok Dal, Shiv Sena and Janata Dal-United members storming the well in the Lok Sabha.
Narendra Modi has made it easier for businesses to buy farm land.
Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.
Gandhi will miss the party's march against the land bill in UP.
11 BJP members in the Joint Committee of Parliament on land bill moved amendments seeking to bring back the social impact assessment and consent clause.
He requested Prime Minister Narendra Modi to make an announcement that the farm loans would be waived, while a mechanism for the same could be worked out later.
Here is the chronology of events in the Ayodhya Ram temple issue.
The high court of Jharkhand on Friday granted bail to former chief minister Hemant Soren in a money laundering case linked to a land scam.
Global steel giant ArcelorMittal is set to relocate its plant proposed in Khunti-Gumla to Bokaro district in the state mainly on account of land acquisition problems
Markets closed in the red on domestic worries.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
Scientists are working on conducting various tests for the ambitious Gaganyaan mission and the agency is coordinating with the Navy and others in this connection, he said.
Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the export market. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and then export the products to these markets rather than importing from the neighbouring country, the Survey said.
The government is considering enacting a law making it mandatory for industries to rehabilitate the displaced people before developing projects under the special economic zones.
The project, which has attracted attention as much for the competitive pricing of the car as the political unrest over land acquisition for its factory 45 km from Kolkata, is now expected to be launched in the first half of 2008-09.
The spectre of Singur and now its verdict is looming large on the future of many of Bengal's projects, especially the state government's industrial parks that are vacant. As many more episodes await, the question uppermost on everyone's minds is, how long will Singur haunt Bengal?
The Mumbai SEZ Ltd, promoted jointly by industrialist Mukesh Ambani and his confidant Anand Jain, runs the risk of being scrapped after the Supreme Court on Friday refused to stay the land acquisition process that otherwise has to conclude by June 8.
Farmer leaders participating in the 'Delhi Chalo' agitation on Friday said the cremation of Shubhkaran Singh, who died amid clashes between Haryana Police and Punjab farmers, will not take place till the Punjab government registers a case against those responsible it.
The Haryana Police on Wednesday fired tear gas shells to disperse farmers from Punjab at Shambhu and Khanauri border points as they tried to move towards barricades stalling their protest march to Delhi.
'Toll system can never end though the rates may vary from time to time. Toll is my brain child'
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
Union Agriculture and Farmer Welfare Minister Munda, Commerce and Industry Minister Piyush Goyal and Minister of State for Home Affairs Nityanand Rai represented the Centre at the meeting over the farmer unions' various demands, including a law guaranteeing a minimum support price (MSP) for crops. Punjab Chief Minister Bhagwant Mann also joined the meeting at the Mahatma Gandhi State Institute of Public Administration in Sector 26. The meeting started at around 8:45 pm on Thursday and lasted for around five hours.
The biggest challenge will be to convert his regime into a coalition of minds. But given the fact that he is instinctively an authoritarian leader and supporter of the hard Hindutva line, the survival of his government will depend on his ability to balance between his heart and mind, between instinct and pragmatism, asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
rediffGURU Anil Rego answers readers' personal income tax queries.
The case pertains to alleged corruption in Manesar land deals worth over Rs 1,500 crore, in which around 200 farmers were cheated.
Amid reports that the government plans to reach out to Congress for passage of crucial bills, senior leader Ahmed Patel on Friday said it would be "bizarre" for the Narendra Modi dispensation to expect support from the party after it has diluted UPA's policies and programmes.
Nandigram may have turned into a war zone once more but the industry feels that the issue is national. Despite the current crisis being a turf war between the political parties, the genesis of the issue is land acquisition for a chemical hub project. Harsh K Jha, president, Indian Chamber of Commerce and MD of Tata Metaliks, said Nandigram per se may be a state issue but it has affected the investment climate and land acquisition across the country.
The key factor in deciding the 80 new trains was the fact that there were many stations from where the migrant workers are going back to their workplace.
Officials said the World Bank, Japan International Cooperation Agency and Asian Development Bank had evinced interest in the project.
A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.
She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.
