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India Clears Order to Ease Land Acquisitions in Reforms Push

India passed an urgent executive order on Monday to ease land-acquisition rules in sectors like power, housing and defense to kick-start hundreds of billions of dollars in stalled projects, though investments are unlikely to flow in immediately. Restrictions on buying land, under a law championed by the last Congress government, are among barriers holding up projects worth almost $300 billion. Several states had asked Prime Minister Narendra Modi to overhaul the law enacted in...

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