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Land acquisition may not be a zero sum game, two new studies show -Subhomoy Bhattacharjee

-Business Standard Land acquisition cases take on an average 20 years to navigate the courts Within three years of the framing of the new land law by the Centre, as many as 280 cases have landed in the Supreme Court using the window the law provides to challenge pending acquisitions. Yet land switching from farming to industry need not be a zero sum game as two key studies on land released last...

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GDP conundrum -V Sridhar

-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...

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No economy for women -Sonalde Desai & Anupma Mehta

-The Hindu In stark contrast to worldwide trends, women in India are being forced out of the workforce According to a recent report by the International Labour Organisation (ILO), India and Pakistan have the lowest rates of women’s labour force participation in Asia, in sharp contrast to Nepal, Vietnam, Laos and Cambodia that have the highest, with richer nations like Singapore, Malaysia and Indonesia falling in between. Moreover, even this low rate...

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Demonetisation and the GDP: knock-out punch or mild tap? -Aarati Krishnan

-The Hindu The CSO has been consistent with its methods, allowing little room for suspicion of window dressing. Did demonetisation deal a knock-out punch to the Indian economy? Or was it just a mild tap from which it is already recovering? This debate should have been settled with the latest second advance estimates from the Central Statistics Office (CSO) which peg FY17 GDP growth at 7.1%. But commentators who believe that the economy...

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Politically opportune data -Jayati Ghosh

-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...

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