-Outlook 7.4 per cent growth is good news for the NDA's finance minister who will present his full budget two weeks from now. Indian economy is forecast to grow at an accelerated 7.4 percent in the fiscal year ending in March 2015 as against 6.9 percent in the previous fiscal, according to advance estimates released Monday. The high growth numbers, based on the new formula (with 2011-12 as the base year)...
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Just how leaky is the PDS? -Rukmini S
-The Hindu Why do we not have a clear answer on just how much grain is leaking out of the Public Distribution System? If you're interested in just what ‘leakage' means and how it's worked out, here's a little primer. So first: what is leakage? Since we know anecdotally that many households do not get all the grain they are entitled to, we can assume some is being illegally diverted. It's...
More »Rural reach -Amita Sharma
-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
More »Leaving people out of development -Meena Menon
The Hindu In the urgency to grant industry its due with promises of ‘Make in India,' the marginalised cannot continue to be victims of grave policy neglect and continuing alienation For some years now, the Ministry of Environment and Forests (MoEF)has been perceived as a roadblock to development or a facilitator for the industry depending on which side you are on. Former Union Environment Minister Jayanthi Natarajan's recent letter to Sonia Gandhi...
More »Dispossession, development and democracy -Michael Levien
-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...
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