A parliamentary panel reviewing the 2013 land acquisition bill will invite all states to present their views on its consent and social impact assessment clauses.
Ganesh Singh (BJP), who heads the committee, tabled a resolution to this effect during the Zero House and the House passed it by a voice vote.
BJP Lok Sabha member Ganesh Singh, who was appointed the chairperson of the committee in July after his predecessor S S Ahluwalia was made a Minister, moved a resolution in the Lok Sabha amid din over demonetisation issue asking for an extension for the committee till the last day of the Budget Session.
With the controversial Land Acquisition Bill pending for long, government today made a strong pitch in the Lok Sabha for "some sort of understanding" on it, saying passage of the legislation is necessary to make land available for the programme of 'Housing-for-All' by 2020.
Global headwinds while important are of lesser significance to India, says Gita Gopinath, professor of economics at Harvard University. Hence for India to grow at 8%, it needs to revive domestic investment, she opines
A survey by instaVaani shows that three out of four people think the Congress was wrong in disrupting the Winter session, a Mint report states.
Speaking to CNBC-TV18, Mehta says he does not expect FII inflows to pick-up any time soon and that reforms like GST, Land Bill and Bankruptcy Bill will be essential for pick-up in FII inflows.
Committee chairman S S Ahluwalia moved a resolution in the Lok Sabha in this regard which was adopted by a voice vote. Its term was extended earlier on November 30 by the Lok Sabha till today -- the last day of the Winter session.
Land bill kept Rural Development Ministry in spotlight in 2015
Crucial bills such as the Goods and Service Tax (GST) Bill and the Land Bill may not see the light of the day in 2015, but the government most definitely was not sitting idle
Sunil Jain of The Financial Express says even before the National Herald case, Rahul Gandhi's tone was very aggressive and the passage of GST looked difficult.
The joint parliamentary committee examining the land bill will meet today to try and reach a consensus on the contentious clauses of the bill. The committee's reports will be submitted in the winter session of the parliament which begins on Thursday. CNN-IBN's Sumit Pande has more details.
With the last session a virtual washout, the government is keen to take up important legislations to be passed in Parliament like GST bill, land bill, the real estate regulation and development bill and negotiable instruments arbitration bill.
Sources said that the Cabinet Committee on Parliamentary Affairs (CCPA) chaired by Home Minister Rajnath Singh will meet in Parliament House to decide the date of winter session, which usually begins in third week of December.
Tata Group chairman Cyrus Mistry says there needs to be a time limit for reforms to be rolled out by the Indian government. While praising the government, he says there is a move to address disputes in a time-bound manner
The World Bank report confirms that these reforms are a recent development, and not the result of long-term changes initiated much earlier.
Commenting on the land bill, he said it "is stuck but it does not impact us because we have all the land we need in Gujarat plant for our expansion over the next few years".
With crucial state elections now due every year leading upto 2019, one can wonder if this government will ever re-discover its appetite for reforms â€” even though the options of leaving it all to the states still exists.
However, as per the sources, S&P is concerned over certain issues like falling exports, rise in external debt and political logjam in the economy.
Sources say the order will ensure compensation for land acquired under 13 Acts and will safeguard the rehabilitation of land owners.
On special session, Veerapa Moily says unless things are clear and the changes are made as recommended by the joint select committee, the constitutional amendment will not go through, in terms of numbers
The land ordinance is set to lapse on the 31st of August and re-promulgation is not possible unless the session is proroguedÂ and theÂ government is exploring issuing an executive order to ensure there is continuity in the land ordinance before the lapse.
The reduction in Moody's growth target for India in the current year due to a below-average monsoon and the stalling of reforms should give the finance ministry another wakeup call for action.
NDA‘s failure to get consensus on Land Bill in monsoon session weighed sentiment. Oil, FMCG, select technology and auto stocks dragged.
Joint committee report on the Land Bill will be tabled in the winter session of the Parliament instead of the current monsoon session.