The World Bank has suggested sale of excess public land in Indian cities to fund infrastructure projects. Collaborating with the India Development Foundation and the Public Private Infrastructure Advisory Facility , the World Bank has formed a steering committee headed by Vijay Kelkar, chairman of the 13th finance commission, to formulate a proposal on monetizing excess public land. Earlier this month, the bank's India director Roberto Zagha Patricia Annez met stakeholders,...
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India Inc balks at Land Acquisition Bill
-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...
More »Subsidising through prices: A bad idea by Bibek Debroy
The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by the government, sentiments associated with those who are against state intervention, but increasingly felt by the so-called middle class - however defined - because of price hikes, and proposed price hikes, for petroleum products. Ostensibly, price...
More »Women Hung Out to Dry in Global Labour Market by Kanya D'Almeida
Amid policy battles over food production, energy resources and economic decline, one untapped natural resource that is guaranteed to boost production on a global scale has been stubbornly overlooked – the power of women in the labour force. According to the World Bank's 2012 World Development Report (WDR) "Gender Equality and Development", ensuring equal access for women farmers would increase maize yields by 11 to 16 percent in Malawi and 17...
More »SCs, STs do not have much access to public infrastructure: report by Aarti Dhar
National Infrastructure Equity Audit conducted in 125 gram panchayats in five States There is a continued prevalence of deep-rooted caste-based inequity in the contribution and availability of infrastructure and, hence, of the accessibility of services and entitlements, a report has suggested. The Scheduled Castes (SC), the Scheduled Tribes (ST) and minorities do not have access to functional infrastructure facilities as they are ‘merely situated in the general or backward classes habitations,' according...
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