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How reforms killed Indian manufacturing -Ashok Parthasarathi

-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...

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Tax waiver on 'affordable' flats may mean big profits for builders -Nauzer Bharucha

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

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The embroiders of Kutch -Lyla Bavadam

-Frontline The Living and Learning Design Centre in a Kutch village is about dialogue between contemporary designers and traditional artisans and about keeping crafts relevant. Kutch: “WHY here? Why a design centre of such SOPhistication in a small village off a highway?” The answer flashes in one’s mind at the same time: “Because that’s the most logical and relevant place for it.” The answer is validated a while later in a...

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Insurance SOP -TK Rajalakshmi

-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...

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Yogendra Yadav, leader of Swaraj Abhiyan, interviewed by Ajoy Ashirwad Mahaprashasta

-Frontline Former psephologist Yogendra Yadav, now a member of the political collective Swaraj Abhiyan, recently toured India’s drought-affected districts. He called it a Samvedna Yatra. During the tour, he took note of the agony in rural areas affected by what he calls “one of the worst droughts in independent India” The drought, according to him, has left farmers and the larger rural community in extreme distress, leading to damaging changes in...

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