To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...

Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...

Three bills the Centre has lined up to regulate higher education have been described as “draconian” by private institutions, which fear their enactment will bring the segment under a “police raj”. Two of the bills provide for jail terms and stiff fines to ensure that colleges and universities obtain accreditation before — and not after — starting courses and refrain from making exaggerated claims to attract students. For instance, under the “unfair...

Farmers in Maharashtra flock to 
a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...