The absence of a law regulating surrogacy makes India, especially Anand, a top destination for couples from abroad. UNTIL about 2008, the future looked bleak for Sharadaben Solanki. A landless daily-wage worker in Anand, Gujarat, she earned a paltry Rs.600 a month. Her husband earned an equal amount working as a construction labourer. Together the couple supported three children and their parents. That was when she heard from Maganbhai, the owner of...
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An uneven field by Pranab Bardhan
The rural development ministry has put out a draft of the proposed National Land Acquisition and Rehabilitation and Resettlement (LARR) bill for public comment. There is no doubt it is a big improvement on the 1894 colonial law that was long overdue for repeal; in particular, it is intended to be far more farmer-friendly. Yet, in several respects the Bill is patently inadequate, both in its objectives and the mechanics...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
More »India’s employment challenge by Himanshu
The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...
More »Cash crisis threat to record harvest by Samar Halarnkar
Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...
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