Brushing aside criticism against changes in land acquisition laws, Finance Minister said the amendments would ensure higher compensation to land owners while fulfilling developmental needs of the nation. The government will soon come out with guidelines to set up online agri-platformsto promote hassle-free sale of farm produce and thereby help farmers get good returns. The first meeting of the Foreign Investment Promotion Board this year, to be held on January 22, will see 36 FDI proposals being considered. Faced with liquidity crunch to clear urea subsidy bills, the Fertilizer Ministry has sought about Rs.125bn from the Finance Ministry for making subsidy payments to domestic manufacturers.
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