The Planning Commission has approved irrigation projects worth an estimated Rs.2 trillion over the past year-and-a-half to bolster India’s food security, but analysts say most of the money will not be utilized because of corruption and poor execution. A total 141 projects costing Rs.1.3 trillion were cleared in 2010 alone, according to an internal Plan panel paper on investment clearance of flood control, major and medium irrigation projects and renovation and...
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‘Cash Grants Must Back Food Access’ by Keya Acharya
Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers. A paper on food security brought out by the UNDP’s Brasilia-based International Policy Centre for Inclusive Growth (IPC-IG), under the Forum, shows that despite the great strides in food production made by India people in this country are just not eating enough. Citing indices...
More »Land acquisition bill in monsoon session of Parliament will go a long way in addressing contentious issues by Prabhakar Sinha
Land is the most important ingredient for the development of real estate and infrastructure. For quite some time now, land acquisition had become a contentious issue in the country, which has threatened not only the industrial development but also planned growth of cities in the country. In this backdrop, the central government's decision to introduce a land acquisition bill in the monsoon session of Parliament will go a long way...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
More »Money doesn’t make the landowner fonder by EAS Sarma
The country’s first legislation on land acquisition, rehabilitation and resettlement is out as a first draft. Here is a sharp critique of the bill THE GOVERNMENT has made public the new Draft National Land Acquisition and Rehabilitation & Resettlement Bill, 2011, which FW has run in these columns over three days. This is what I think of it. In terms of the definition of public purpose, the Bill is more colonial...
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