Jairam blames ‘forcible acquisition’ for Naxal problem

September 8, 2013

Naxal_problemNew Delhi, Sep 8: Coming down heavily on PSUs for displacing tribals, Union Minister Jairam Ramesh on Sunday blamed their actions for growth of Naxalism in many areas and cautioned that the era of “forcible acquisition” was now over.

The Union Rural Development Minister said if the new Land Acquisition Act is implemented properly, it will put an end to “inhumane” displacement of tribals from forests and check Maoist menace.

“The record of public sector (PSUs) in displacements is worse than the record of the private sector. This is a sad truth... that more displacement has been caused by government and public sector projects than private sector projects...particularly in Naxal areas. And this is why Naxalism has grown in these areas,” the Minister said.

Mr. Ramesh slammed National Thermal Power Corporation for allegedly seeking police help for forcibly acquiring land in Keredari block of Jharkhand’s Hazaribagh district, where a villager agitating against land acquisition was shot dead two months ago.

He was addressing Hindi and regional media two days after Parliament passed the path-breaking ‘Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013’.

Criticising NTPC for the alleged forced acquisition, Ramesh said, “Companies must also learn to be sensitive, changing aspirations.”

“NTPC will face a challenge. If there is firing in an NTPC project and people get killed in that firing, they cannot acquire the land...Indian companies still believe that they can use government to forcibly acquire land. That era is gone. You cannot do forcible acquisition,” the Minister said when asked about the reported criticism by a top NTPC official of the new Land Acquisition legislation.

“If this (new) land acquisition law is properly implemented, it will defeat Naxalism,” he said, referring to incidents of “inhumane” displacement of tribals from forests for various public and private sector projects in mineral-rich states like Jharkhand, Odisha and Chhattisgarh.

The new law will be notified in three months.

Mr. Ramesh said, “Land Acquisition is the root of the Maoist issue. If you have a humane, sensitive and responsible land acquisition policy, lot of your problems relating to Naxalism would go. Tribals will be with you.

“It is a fact that many of the tribals have been displaced and they have not got proper compensation, they have not got rehabilitation and resettlement...particularly in mining of coal and irrigation projects,” he added.

Mr. Ramesh, the architect of the new Land Acquisition Bill, said the 119-year-old Land Acquisition Act, 1894, had a “very important role” in encouraging Maoist activities in Odisha, Chhattisgarh, Jharkhand, parts of tribal Maharashtra and tribal Andhra Pradesh.

When asked that 13 laws, including the Indian Railways Act, National Highways Act, Land Acquisition Mines Act and Coal Bearing Areas Acquisition and Development Act, under which bulk of the land acquisition takes place, are exempted from the purview of the Bill, the Minister said, “Within one year, all compensation, all rehabilitation and resettlement...all these Acts will come under the newly enacted legislation.”

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Agencies
February 29,2020

New Delhi, Feb 29: Former RBI governor Raghuram Rajan has said slowdown in growth is due to the current government focussing more on meeting its political and social agenda rather than paying attention to the economy.

India can still reverse its slowing economic growth by paying attention to key issues, he said. "It's a sad story, I think most recently, it is politics," Rajan said in response to a question on what was stopping India's growth which remains below potential.

In an interview to Bloomberg TV, Rajan said unfortunately the current government after a massive election win has "focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth".

"Unfortunately, this drift has continued a pace of slowing growth, which was precipitated initially by some actions the government took such as the demonetisation and a poorly rolled out Goods and Services Tax (GST) reform," Rajan said.

India's GDP growth hit nearly 7-year low of 4.7 per cent in the December quarter, as per official data released on Friday.

The GDP growth for the quarter is the lowest since January-March of 2012-13.

In the interview, which was telecast before the official numbers were released, Rajan said India has not paid sufficient attention to cleaning up the financial sector and unfortunately, that is leading to the slowing growth.

"These are things that they can change if attention is paid to them and appropriate actions are taken," Rajan, Professor of Finance at University of Chicago Booth School of Business, said.

On being asked about the spread of the coronavirus globally and its impact, he said there will certainly be some legacy issues in terms of business rethinking in the global supply chain.

"If it is disrupted anywhere, the entire supply chain is held ransom and companies are going to start rethinking that should we actually have these really spread out global supply chain or to bring them back closer home and how much diversification should we have. Should we have multiple production sites across the world rather than have it focussed primarily in Asia," he said.

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
April 14,2020

New Delhi, Apr 14: With 1,211 fresh cases of coronavirus reported in the last 24 hours, the total number of confirmed cases of COVID-19 in the country has reached 10,363 including 339 deaths, said Lav Aggarwal, Joint Secretary, Health and Family Welfare, here on Tuesday.

As many as 1,036 people have recovered from the disease so far, said Aggarwal during the daily media briefing on the coronavirus. "In one day, 179 people were diagnosed and found cured," he added.

"A total of 10,363 confirmed cases have been reported in India including 339 deaths and 1,036 people, who were COVID-19 positive have recovered. Out of the total deaths, 31 deaths have been reported in the last 24 hours," said Aggarwal.

Aggarwal said that an evaluation of each district and city will be done till April 20.

"An evaluation of each district and city will be done till April 20 in which it will be evaluated what measures did that authorities take in these cities and districts to combat COVID-19," he said.

"Based on the results of this litmus test approach, permission will be granted for some selective activities to those districts and cities which controlled the situation effectively. Detailed guidelines will be issued soon," he added.

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