The rural development ministry has proposed that farmers should get 80% of the profits from resale of land bought from them for development, much higher than that suggested by a Sonia Gandhi-led panel. The National Advisory Council had pegged the compensation after resale at 25% of the profits made by private developers. The proposal, aimed at giving farmland owners a better deal, follows protests in Uttar Pradesh's Greater Noida last month over...

Eminent economists have shot off a letter to National Advisory Council (NAC) Chairman Sonia Gandhi to ensure that the proposed Food Security Bill is quite comprehensive and excludes only a few rich people. They also want Sonia to get the Bill legislated in such a way it is not based on the current public distribution system (PDS) for all times to come as direct subsidy transfer could also be an...

-Rediff.com   India, home to a quarter of the world's hungry people with nearly 40 per cent of the population malnourished, is facing an unprecedented food crisis, international charity organisation Oxfam said on Wednesday. "Despite the doubling of the size of its economy since 1990, the number of hungry people in India has increased by 65 million because economic development excluded the rural poor and social protection schemes failed to reach them," Oxfam...

The farmers' agitation in Uttar Pradesh brings into focus the indiscriminate acquisition of land by the state for corporate-led development. ON May 19, three days before the formal observation of the second anniversary of the United Progressive Alliance government, Congress president and UPA chairperson Sonia Gandhi made a categorical announcement that in the monsoon session of Parliament scheduled to begin in July the ruling coalition would bring in legislation that...

-The Economic Times   Dear Smt Gandhi, We, a group of academic economists, are writing to you about the proposed National Food Security (NFS) Act legislation that is of profound importance to India's economy. We believe that it is appropriate that India pursues the goal of genuine food security for all through a law that guarantees a minimum transfer to every adult except a small subset of the most affluent who...