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The ugly side of land acquisition in India

"India lives in several centuries at the same time. Somehow we manage to progress and regress simultaneously." Arundhati Roy Controversies, protests and violence have marred land acquisition for projects in India. Protests against acquiring agricultural land, inappropriate compensation or environmental impact have been the main reasons for these protests. In most cases, the protests are by farmers who are hardly compensated after their fertile agricultural land is taken over in for...

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NREGA, more or less by Sreelatha Menon

A working group on NREGA asks for indexing wages to the farm wage index, besides reducing work hours. Justice often comes with a price. If workers of the country's only largescale wage employment programme are to be ensured a decent minimum wage for 100 days every year, it is sure to make many others wince. For, low wages mean more production, cheaper stuff, and so on. The supporters of low wages also...

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Peasants in India by D Bandyopadhyay

In India peasantry is under assault. There is a five-pronged attack on this class and the mighty Indian state is sometimes an active and sometimes a passive abettor. The first point of attack is from the corporate sector. The corporate sector is in a land grab mode. Though not justified, one could understand their urge to get land for industry and real estate purposes. Not that they are causing aggressive...

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Steel and power by Kanika Datta

Businessmen and society have a strangely contradictory relationship. The economic activity they generate can be an agent of social transformation and progress — a quick look at the changes in Indian society in the last two decades would be one indicator. Yet, businessmen in themselves are rarely conscious promoters of social progress. This is hardly unexpected. Business inherently seeks a stable environment in which to flourish, so businessmen tend not to...

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Wheat prices drop on extra allocation on PDS

Wheat prices started showing a downward movement today after an Empowered Group of Ministers (EGoM) headed by FM Pranab Mukherjee okayed the release of an additional 30 lakh tonnes of wheat and rice for the poor, over and above the current PDS allocation, for the next six months. The most-active wheat contract was reportedly trading around 0.60% lower at Rs 1,158.40/qtl on the back of fresh selling in anticipation of...

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