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‘Plan mindset must be replaced with development idea’

-The Hindu Business Line Chennai: The Fourteenth Finance Commission has formulated its recommendations without any reference to the distinction between Plan and non-Plan outlays. This will facilitate greater attention to maintenance expenditure, and reduce incentives to boost capital works and show large-sized plans, said YV Reddy, Chairman of the Commission and former Governor of the RBI. Delivering the Raja J Chelliah Memorial Lecture at the Madras School of Economics on Monday, Reddy...

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Going back in time -Yoginder K Alagh

-The Indian Express There seems to be emerging a fair consensus across the political spectrum that it is not prudent to tamper with the ongoing process of land market reform that began a decade ago. The earlier "revenue laws" that governed the registration of titles came from a century-old colonial legislation. The imperial government of India kept almost complete control over land title and use - in order to dispense...

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Agriculture Minister Radha Mohan Singh bats for GM crops -Tomojit Basu

-The Hindu Business Line Radha Mohan Singh, the Union Agriculture Minister, lent vocal support to genetically modified (GM) crops on Friday stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought. "While agriculture feeds the nation, seeds feed agriculture... Bt Cotton in Gujarat, Maharashtra, Andhra Pradesh, Karnataka and...

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A budget to transform -Pulapre Balakrishnan

-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...

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The Questions We Should Be Asking Frequently About the Land Acquisition Act -Usha Ramanathan

-GRISTMedia.com In the course of my work as part of a team set up to look into the socio-economic status of Adivasi communities, there were several things I learned about the Land Acquisition Act, 2013, and the amendments to it. Here are some important questions about land and the Act that we should be asking: * What is the State's relationship to land and its citizens? This a key question - and one...

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