The ever-energetic Jairam Ramesh has unveiled a new land acquisition policy for discussion. He has taken on the difficult task of changing an old law whose implementation has led to a sorry mess in Nandigram, Singur and Noida, to mention only a few of the recent cases that have hit the headlines. India’s policy regime for managing land rights and land transactions is totally dysfunctional. Greedy politicians in state governments have...
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MFIs: Still in the doldrums by Shruti Sarma
MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...
More »NREGA to focus on poorest 200 districts of the country by Devika Banerji
The government plans to focus its flagship rural jobs guarantee plan on the poorest districts of the country as there is a growing recognition within the administration that the scheme's nation-wide rollout has adversely impacted its performance. Launched in 2006, the Mahatma Gandhi National Rural Employment Guarantee programme promises at least 100 days of unskilled manual work in a year to each household in rural India. The scheme was initially...
More »A Harvester Of The Objectionable by Justin Huggler
Scotching the urge to self-censor, the press must report ‘bad news’—to guard the guards, empower the citizen, and usher in change When you open a newspaper, or switch on the television, and there’s nothing but good news, it’s time to start worrying about what they’re not telling you. Nobody likes bad news, but the world is full of it. Don’t believe anyone who tells you otherwise: they want your vote...
More »An uneven field by Pranab Bardhan
The rural development ministry has put out a draft of the proposed National Land Acquisition and Rehabilitation and Resettlement (LARR) bill for public comment. There is no doubt it is a big improvement on the 1894 colonial law that was long overdue for repeal; in particular, it is intended to be far more farmer-friendly. Yet, in several respects the Bill is patently inadequate, both in its objectives and the mechanics...
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