-The Hindu With the Land Acquisition Bill in the limelight, nobody is talking about the real reforms that farmers need. A major survey finds that almost half the respondents don't want to continue with agriculture. The unseasonal rains over the last few weeks have resulted in enormous loss of crop output across many States of North India. This has shifted attention from the issue of land acquisition to other important problems faced...

-Livemint.com Farming community is bracing itself for income loss due to lower productivity from last year's deficient rainfall as well as lower price realization in the market Last month's untimely rains have only added to the long list of problems that the Indian farmer faces. Declining global and domestic prices have already led to a crisis in the agricultural sector. The farming community is bracing itself for income loss due to lower...

-Frontline.in   The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....

-The Indian Express The government's attempt to amend the UPA's land acquisition law is facing stiff resistance in Parliament and outside. The Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, combined three different approaches to resolve conflict over land. One is to let money speak. It increased compensation amounts significantly. The second is to let farmers speak. Projects involving private companies had to earn the consent of 80 per cent of...

-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...