-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with finance minister P. Chidambaram acknowledging a few...
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In the name of development -Anupama Katakam
-Frontline Riding roughshod over farmers' concerns, the Gujarat government notifies a project to develop the Mandal-Becharaji Special Investment Region, an industrial hub spread over 50,884 hectares, affecting 44 villages. But the villagers see it as a real estate scam and are determined to resist it. GUJARAT may soon have several new townships. The Narendra Modi-led government has proposed to set up 13 special investment regions (SIRs), which are essentially industrial hubs...
More »Reviving Land Reforms?-Harsh Mander
-Economic and Political Weekly The government has notified a Draft Land Reforms Policy which, on paper, has all the requisites of an earnest programme. Yet, the near total failure of earlier efforts at land reforms in India leave little room for hope that something substantial will at last be done to combat landlessness. Harsh Mander (manderharsh@gmail.com) is with the Centre for Equity Studies, New Delhi, and works with survivors of mass violence,...
More »UP lost Rs 1,400 crore to illegal mining, CAG says -Shailvee Sharda
-The Times of India LUCKNOW: Illegal mining in Uttar Pradesh between 2005-11 caused a loss of Rs 1,400 crore to the exchequer, says a draft report of the comptroller & auditor general. The report, prepared on the activities of state geology and mining directorate, belies state government's claims on checking illegal mining and indicates that illegal mining is widespread. It reveals several procedural gaps in legal quarrying as well. The auditors, who...
More »CAG slams govt on capital spending, rural job schemes
-The Financial Express Amid the government's efforts to curb fiscal deficit, the Comptroller and Auditor General (CAG) on Tuesday criticised the Centre for cutting down on capital spending, over-stating spending on centrally sponsored schemes and doling out some subsidies without obtaining Parliament approval. UPA's flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) also came under the scanner with the CAG questioning whether the entire amount booked for the job scheme...
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