-TheWire.in The K.R. Rao committee has only recently taken on board the views of civil society stakeholders, raising questions as to whether illegal mining and environmental issues will be properly addressed. New Delhi: A government committee in charge of revamping India’s 2008 mineral policy has belatedly agreed to rectify its industry-skewed composition by roping in several civil society stakeholders as ad-hoc members. However, according to multiple industry and environmental experts, it is unclear...
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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 »The return of India's super rich -Rishabh Kumar
-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...
More »Rising input prices keeping down net crop incomes in many states, observes new report
For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...
More »Lucas Chancel, economist working on inequality, interviewed by Sanjay Vijayakumar (The Hindu)
-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
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