-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private Investment, much less FDI. Only public Investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct Investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

-The Telegraph First Alisha, now Raghunathpur. The post-Singur verdict demand for return of land today spread to Purulia's Raghunathpur, where around 3,000 farmers launched an agitation to get back 6,300 acres acquired from them for an industrial park that is yet to come up. The Left government had acquired over 7,420 acres for the proposedRaghunathpur Steel and Allied Industrial Park between 2007 and 2010. Of this, various companies have taken possession of 2,915...

-The Hindu The Supreme Court’s verdict on the Singur land acquisition issue is a re-statement of first principles relating to the limitations of ‘eminent domain’. By quashing the entire land acquisition process done by the erstwhile Left Front government in West Bengal, the court has reiterated that the term ‘public purpose’ cannot be arbitrarily invoked to acquire land and hand it over to a private party. One of the two judges...

-The Indian Express Farmers can install solar panels on their fields that can generate income in addition to regular crop agriculture. Of its several new initiatives, the Narendra Modi government has set out at least two very ambitious targets, which are also quantifiable. One is achieving 100 giga-watts (GW) of solar power generation capacity by the year 2022. The other is doubling farmers’ income — presumably in real terms — also by 2022,...

-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...