Skip to main content

Let States Clear Own Land Laws Chouhan

Madhya Pradesh CM says win in local polls a sign that Vyapam's a non-issue, calls Rahul Gandhi immature
If there's no political consensus on the Modi government's land acquisition law, then states that value the necessity of such a law should be allowed to go ahead and implement the rules, Shivraj Singh Chouhan, Madhya Pradesh chief minister and an influential voice in Bharatiya Janata Party, told ET. A central law is not a must for states focussed on development, the electorally successful Chouhan said.
Fringe Hindu elements who have voiced extreme voiced extreme views aren't a part of either BJP's or India's idea of social arrangements, Chouhan, widely reckoned to be a Rashtriya Swayamsevak Sangh favourite, said over the course of an extensive interaction with ET.
On Rahul Gandhi, who has been vocal about the land law as well as demanding Chouhan's resignation over the Vyapam controversy, the CM said the Congress vice-president is yet to be “politically mature“. “How can you carry on saying ours is a suit-boot ki sarkar?“ Chouhan said, arguing such rhetoric betrays poor political thinking. Chouhan said the recent bitterness in Parliament was unprecedented and that nothing like this was evident when he was a member of the House in the early 1990s.
The CM, fresh from a big and, by the reckoning of pundits, an unexpected electoral victory in local ur ban polls in Madhya Pradesh, said the National Democratic Alliance government's land law was aimed at promoting greater public good.
“There is nothing wrong in acquiring land...So we said in the prime minister's meeting at Niti Aayog, if there is controversy and some states don't want to bring in the law, let them not do it...So, free me. Let me con vince my people,“ he said.
His argument that some policies should follow the federal structure -where states have the freedom to enact rules on big issues -was as politically significant as his dismissal of Vyapam as both an electoral issue and one that puts a question mark on his government. “I am not surprised at all. Elections are not won by slo gans. They are won by good work. I knew people looked at my administration favourably,“ Chouhan said when asked about BJP's success in local polls after Congress went to battle on the Vyapam issue.
The CM also insisted all Vyapam allegations against him must countenance the fact that he “ordered the probe“, that it was he who regular ised entrance examinations to gov ernment jobs, and that the Vyapam controversy is restricted to “0.01%“ of total admissions.
Chouhan laughingly parried a question on the possibility of his coming to Delhi for a big national role, saying he was “happy“ in Madhya Pradesh, but admitted that he should market his state better nationally .
The Economic Times, New Delhi, 24th August 2015

Comments

Popular posts from this blog

Govt’s gamble on GST cuts: What do the bond and currency markets signal?

  It’s not just humans who suffer from cognitive biases; markets do too. Interestingly, different financial markets exhibit distinct biases, each interpreting events through its own prism of prejudice. Take the recent announcements on GST reforms: equity markets have chosen to view them through the lens of growth, while bond and currency markets are focusing on potential macroeconomic risks—fiscal pressures and current account challenges. So, which lens captures the true pulse?Equity markets may be right in expecting GST reforms to revive consumption, which has remained lacklustre for a while. But the key question remains—will this revival come at the cost of broader macro stability?It is well known that consumption stocks have rallied since the GST rationalisation announcement. But what about bond markets? What signals are they sending since this rejig was announced from the ramparts of the Red Fort?The signs aren't encouraging. Bond prices have slumped and yields have surged sinc...

Luxury carmakers urge clarity on GST rates to boost festive season sales

  A clear picture regarding new GST rates at the earliest will help the overall auto industry, including the luxury car segment, to regain momentum in the ongoing quarter, which generally sees enhanced sales on account of the festive season.The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation.In an interaction with PTI, BMW Group India President and CEO Hardeep Singh Brar said the recent speculation about the change in GST rates has caused uncertainty in the minds of consumers.Consumer interest and demand is strong, but they (prospective buyers) have adopted a wait-and-watch approach, and this delayed decision-making is impacting new vehicle sales at a certain level, he noted."Expediting clarity on GST rates is essential to get back to speed and ensure the auto sector's contribution to economic growth during this quarter is robust," Brar stated.He also hoped that the sustainable p...

Sebi proposes tighter norms for green bond third-party reviewers

  Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds.In a draft circular, Sebi said that the current norms for green bonds, introduced in February 2023, lack detailed requirements around reviewer independence, conflict of interest mitigation, and disclosure standards that are now in place for other ESG-linked securities under a June 2025 circular.The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities.Under the proposed norms, issuers of green debt securities will need to appoint reviewers who are independent of their management, directors, and key managerial personnel. These reviewers will be remunerated in a way that prevents any conflicts of interest and possess relevant expert...