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Government keen to push bills on food security, land acquisition: Salman Khurshid

-PTI After the big-bang reforms, Law Minister Salman Khurshid today indicated government's keenness to push bills on food security and land acquisition, insisting that even Mamata Banerjee will not be able to oppose them. He maintained that "the bills drive a deft political balance between populism and reforms". "The draft (food security) Bill is being given the final touches by the Cabinet. This will ensure that poor will have their stomachs full. Nobody...

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'Crony capitalism' to be out of plan docu? -Dipak Kumar Dash

-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...

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Simple & cheap solution to India's grave water crisis: Waste water recycling-Sanjay Vijayakumar

-The Economic Times Where will India get its water from in the coming years? The water challenge is already grave and could get graver. By 2050, for instance, it is estimated that demand would go up to 1,180 million cubic metres, 1.65 times the current levels, a situation that would be made worse by fast dwindling fresh water resources. That's why desalination — removing salt from seawater to make fresh water —...

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Strengthening SME sector will open up a new strategy of broad-based, fast growth -Devaki Jain & Deepshikha Batheja

-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...

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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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