-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...
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Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
More »Drought in Marathwada: Ground water levels dipping every year, focus shifts to conservation -Kavitha Iyer
-The Indian Express Mumbai: Of the 76 talukas that comprise Marathwada, 61 show a drop in ground water levels compared to the previous year's post-monsoon data. But with monsoon 2015 having provided just over 53 per cent of the already poor average rainfall of 779 mm in the region, the dip in ground water levels is hardly surprising. The more alarming news, say officials, is the continuing dip in water tables in...
More »SC kept in dark about threat from six Uttarakhand dams -Nitin Sethi
-Business Standard The Supreme Court asked the Union environment ministry to review six specific hydroelectric projects on the upper Ganga basin in Uttarakhand. On Wednesday, the ministry informed the apex court that its expert committee had checked and found the six had almost all the requisite and legitimate clearances. But, the ministry did not tell the court the experts, in the report to the ministry, had also warned these dams could...
More »Two minds on job scheme tweak -Basant Kumar Mohanty
-The Telegraph New Delhi: The finance ministry has favoured a proposal to increase the "material" component in projects under the rural job guarantee scheme to facilitate the creation of durable assets. The rural development ministry is, however, having second thoughts, although it had proposed the change in the labour-material ratio from 60-40 to 51-49 for projects under the Mahatma Gandhi National Rural Employment Guarantee Act. The scheme, which seeks to provide 100 days...
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