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...

The episodes of violence in land acquisition by the government, as witnessed recently in Bhatta-Parsaul in Uttar Pradesh and in other states earlier, occur because patterns of violence are inbuilt into the process. Despite a bill pending in Parliament since 2007, there has been little effort by political parties to evolve a consensus on acquisition of agricultural land for non-agricultural purposes. The law as at present and also the provisions...

One of India’s most distinguished economists, Suresh Tendulkar (70), passed away at a private hospital in the city on Tuesday morning. He was former chairman of the Prime Minister’s economic advisory council and also a former part-time chief of the National Statistical Commission. Tendulkar, who was admitted to Prayag Hospital in Deccan Gymkhana following cardiac arrest on June 2, breathed his last around 11 am. Chief minister Prithviraj Chavan and deputy chief minister...

-The Hindu   Union Minister of State for Forest and Environment Jairam Ramesh on Tuesday said environmental clearance to a project should not be construed as a licence for forceful eviction of people. Asked about the resistance to land acquisition for the Posco steel project in Orissa, Mr. Ramesh said acquisition should not be coercive. He hoped the Orissa government would exhibit sensitivity in dealing with the agitators and resolve the issue...

From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...