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Industry ministry secy for rejig of land acquisition law-Nayanima Basu

-The Business Standard   It is not pro-farmer, provides for too many committees and too many approvals, says Amitabh Kant The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act. "The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many...

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The weakest link in development lending-Joe Athialy

-The Business Standard     Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...

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Will Modi ‘waste’ his mandate?-Sunil Jain

-The Financial Express   Even in the BJP's Chhattisgarh, the costs of running the PDS outweigh the benefits-Aadhaar is the obvious answer   The first nail in Aadhaar's coffin, it has to be said, was driven in by none other than Nandan Nilekani. The day the father of the UIDAI's Aadhaar decided not to be a technocrat anymore, and chose to become a Congressman, he gave Aadhaar a distinct political flavour. It was now...

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No country for whistle-blowers -Andrew M Beato and Narayan Lakshman

-The Hindu A strong whistle-blower protection law in India would expose financial corruption in a way that reinforces ethical business practices In 2013, generic pharmaceutical company Ranbaxy pleaded guilty to seven criminal felonies for drug manufacturing fraud and agreed to cough up an unprecedented $500 million in fines. The case against Ranbaxy was significant not only for being a successful prosecution of a powerful India corporation. It also marked the triumph of Dinesh...

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Bihar has little money to pay workers under MGNREGS -Alok Gupta

-Down to Earth   Blames Centre for non-release of funds Bihar has very little money to pay people under the Central welfare scheme that guarantees 100 days of employment to the rural poor in a year.   Central government's reluctance to release funds under its Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is said to be the main reason for the crisis. Nitish Mishra, Bihar's rural development minister, told Down To Earth that the...

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