-The Economic Times NEW DELHI: The country is headed for good rabi season despite below normal monsoon rains, thanks to a surge of rainfall in the last week of September that replenished soil moisture, agriculture secretary Shobhana K Pattanayak has said. The late rains will benefit planting of rabi crops such as wheat and chana, Pattanayak said on Thursday. “We are expecting a very good rabi season, so that should make up...
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Shaktikanta Das, former economic affairs secretary, interviewed by Sidhartha & Surojit Gupta
-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...
More »In State-Level Changes to Land Laws, a Return to Land Grabbing in Development's Name -Manju Menon, Kanchi Kohli and Debayan Gupta
-TheWire.in The new state laws, which are in line with the BJP’s land ordinance, undo consent procedures and legitimise land acquisition with terms favourable to investors. One of independent India’s landmark legal reforms has failed. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, (LARR) 2013, which replaced the colonial legislation of 1894, was one of the biggest reforms in the arena of land governance. But following...
More »Do we really need interlinking of rivers? -Himanshu Thakkar
-Livemint.com The river interlinking project will adversely affect land, forests, biodiversity, rivers and the livelihood of millions of people Interlinking of rivers is a very expensive proposal. It has huge adverse environmental impacts on land, forests, biodiversity, rivers and the livelihood of millions of people. It is a socially disruptive proposition. It will not only add to climate change impact (destruction of forests means destruction of carbon sinks, and reservoirs in tropical...
More »The spectre of deflation -Himanshu
-Livemint.com It is not just the low inflation reported in June which confirms a declining demand but also the macro fundamentals of the economy which belie any optimism of 7%-plus growth The second volume of the Economic Survey was presented on the last day of the monsoon session of Parliament on 11 August, preventing Parliament from holding a discussion on the state of the economy as outlined by the report. The second instalment,...
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