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Land acquisition, FDI in retail, insurance top PM's reform agenda

-The Times of India   Prime Minister Manmohan Singh on Wednesday flagged amendments to land acquisition law, allowing more foreign investment in retail trading and insurance and introduction of good and services tax (GST) as the key reforms agenda of the government. "I think the first thing is to sustain the momentum of growth that we have built," PM said during a meeting with a group of editors. But a key...

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Neoliberal Act by Anil Sadgopal

The Right to Education Act, which lacks a transformational vision, is geared to preparing foot soldiers for the global market. THE most encouraging and delightful news regarding school education in India since the pro-market reforms began in 1991 came from Erode district in Tamil Nadu recently. To be sure, it is neither about the World Bank-sponsored District Primary Education Programme (DPEP) of the 1990s nor about the internationally funded and...

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UPA’s legacy: jobless growth by Anil Padmanabhan

Only 400,000 jobs a year were generated during UPA-1, compared with 12 million annually during the NDA’s tenure Key economic data released by the government on Friday shows that the first stint of the Congress-led United Progressive Alliance (UPA) generated a mere 400,000 jobs a year, compared with 12 million jobs annually during the tenure of the Bharatiya Janata Party (BJP)-led coalition, the National Democratic Alliance (NDA). During the period 2004-05 to...

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That seventies feeling by Pratap Bhanu Mehta

The government is returning to a 1970s mentality. This mentality used a presumptive distrust of citizens as an excuse for enhancing state power. It sought accountability, not through intelligently designed transparency norms, but greater discretionary power in state officials. And finally, it sought to curb citizens’ freedoms, not by directly assaulting them, but by embedding them in a structure of regulation that deters free expression. This mentality connects three recent sets...

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Schemes to fund Bengal by Jayanta Roy Chowdhury

The Centre is exploring the option of helping out Bengal by stepping up assistance for specific schemes, a route that allows room for manoeuvre within rules. The Centre’s line of thought emerged on a day Bengal finance minister Amit Mitra was in Delhi to discuss ways to bail out the cash-starved state government. Mitra, who had an hour- long meeting with his Union counterpart Pranab Mukherjee, remained tight-lipped on what they discussed....

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