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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy

Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...

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The not-so-shining India by Dr Binayak Sen

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...

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Lockdown And After by Arindam Mukherjee

The strike at the Maruti Suzuki plant shows workers’ rights is still a simmering issue Spanner In The...     * Labour disputes/strikes down from 250 in ’04-05 to under 100     * Strike by 3,000 Maruti workers found support from 65 unions across companies     * Trade unions assert workers’ right to form a union, or to decide which union to join     * Ashok Leyland, Hyundai, Honda Motorcycles, GM among those that have...

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Hopes fading for climate agreement by Alister Doyle

* Only a less ambitious deal on climate change expected * Process is dead in the water - de Boer "Ask for a camel when you expect to get a goat," runs a Somali saying that sums up the fading of ambitions for United Nations talks on slowing climate change -- aim high, but settle for far less. Developing nations publicly insist the rich must agree far deeper cuts in greenhouse gas emissions,...

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Undermining people’s power - A story of five years by Nikhil Dey

More than five years have passed since the world’s largest employment programme was launched in India. The scale of employment generated was not the only reason that this is a path breaking legislation. The MGNREGA is the first national law to establish rights in the development sector. It is demand based, and not constrained by arbitrary and restrictive selections like the Below Poverty Line (BPL) list. Any person living in a...

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