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Hocking the family jewels for a song -Claude Alvares and Rahul Basu

-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...

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Lack of Clarity and Vision in New Mines and Minerals Act -EAS Sarma

-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...

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Financing Swachh Bharat -Nitya Jacob

-The Hindu Business Line It's a huge exercise in collective cleanliness which needs massive funding and human resources. Cosmetics won't work At first glance, the government has not put its money where its mouth is. Just ₹2,625 crore have been provided for the Swachh Bharat Mission in the Budget. This is against ₹4,620 crore in 2014-15 and ₹3,500 crore the year before. The drop is puzzling till one looks at the Budget...

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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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Amend law to shield honest babus, hasten decision-making, directs PM -Dipak Kumar Dash & Sidhartha

-The Times of india NEW DELHI: Prime Minister Narendra Modi has asked the personnel department to expedite amendments to the Prevention of Corruption Act after the country's top bureaucrats cited it as a major factor weighing on them while taking decisions in "public interest". Officials said the issue was raised with the PM when he met secretaries last Wednesday, saying the fear of being prosecuted for wrong reasons was hindering swift decision-making...

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