ข่าวเศรษฐกิจประจำวันที่ 1 สิงหาคม 2554
NEW DELHI, August 1 - BUSINESS STANDARD – The Indian government has came out with the draft of Land Acquisition Bill which also includes R&R (Relief and Rehabilitation) measures. R&R compensation amount set at double the market rate for urban areas and six times the market rate for rural areas. – Committee of Secretaries on Foreign Direct Investment in multi-brand retail has putted strict conditions. Such as minimum50% of the FDI should be invested in backend infrastructure, limiting reach of foreign investors to fewer cities and handling over more power to state government in deciding whether they want to allow such stores or not. There are also clauses to protect small-scale enterprises and local shops. – Due to infrastructure problems, delay in multi-brand FDI policy etc. many major retail players has shown no-hurry attitude in regard to foray into India. - ECONOMIC TIMES - Comprehensive Economic Partnership Agreement (CEPA) between India and Japan is being activated from 1st August which will be very helpful for Indian professionals, producers and exporters specially. - Turkish Airlines plans to expand operations in India in 2012. - European Union's proposal to make airlines buy carbon credits has been resisted by Indian governments as it will result in hike in cost which will finally fall on the customers. - FINANCIAL EXPRESS - Peru has emerged as the fastest-growing Latin American nation in the past 10 years and its trade with India is estimated to be touching $1 billion. - Gujarat, Andhra Pradesh, West Bengal, Tamil Nadu and Orissa are the states which has got priorities in the matter of infrastructure projects going to start in early 2012. - India's domestic aviation traffic growth is 14%, the second highest after Brazil's 15.1%.
Submitted By:-
Priyesh Narain
Researcher
