TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...

Land acquisition and involuntary displacement have been the fountainhead of enormous destitution of millions of invisible people since Independence. Generations of those sacrificed for ‘development’ are farmers and farm workers, and many are fragile tribal people and forest gatherers. By coercive displacement and dispossession, governments pauperise its poorest people, and its food-growers, so that the ‘nation’ can prosper and grow. Rage at persisting State injustice of coercive displacement frequently spills onto...

-The Times of India   Baba Ramdev's world is not just a popular yoga empire but a clutch of hugely profitable businesses, ranging from successful ayurveda products to a popular TV channel. Vedic Broadcasting Limited, which runs Aastha channel, made a net profit of Rs 2.30 crore on a total turnover of Rs 19.26 crore in 2009-10. The company mopped up Rs 18.50 crore revenue in advertisements, telecasting fees and others. The...

Social development zones (SDZs) represent a new approach to creating education and health institutions in the country connecting emerging opportunities in policy. These also address some major constraints that Indian private investment faces today in investing in these two critical sectors of development that directly impact on unlocking human potential. These opportunities are presented by the commencement of Rajiv Awas Yojana, a property-rights driven effort at moving towards a slum-free India...

-The Hindu   The Uttar Pradesh government's new land acquisition policy, announced in the face of farmers' protests and impending elections, is a significant improvement over existing practices. It is sounder than the amendments to the central Act proposed by the UPA government, which have been awaiting enactment since 2007. Poor compensation calculated on rates based on the pre-development phase, a lack of consultation, and cumbersome procedures have marred the whole...