Brajendra Ghosh (45), a farmer, committed suicide allegedly by consuming pesticide at Durmut village in Mangalkote on Sunday morning. He was declared dead on arrival at the Katwa Hospital. In the recent past, several cases of farmer suicides have come to light. But this is the first such case due to debt in the rice bowl of the state after the new government led by Mamata Banerjee stormed into power....
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IIMs to be roped in to study lukewarm private response to PURA by Devika Banerji
The government is scurrying for an alternative to its plan on engaging private sector in providing urban amenities in rural areas. After a good initial response that saw more than 90 companies showing interest in the scheme - Provision of Urban Amenities in Rural Areas, or PURA, - the Rural Development Ministry has received only eight pilot proposals from six companies. Of the 45 shortlisted, most, including big players like Reliance...
More »Taming price rise: Govt panel for FDI in multi-product retail
-The Times of India An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...
More »Land: NAC recommends compensation six times the registered value by Smita Gupta
Still to decide on private land acquisition The Sonia Gandhi-led National Advisory Council (NAC) decided on Wednesday to propose to the government that compensation for those whose land is acquired for public purposes — such as a dam, irrigation project or military installation — will be six times the registered sale deed value, including solatium. It will also recommend that those whose livelihood and shelter are adversely affected because of acquisition for...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
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