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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

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‘India Inc’s major portion of staff suffer from depression’ -G Balachandar

-The Hindu Chennai: Depression is reported to be one of the significant health problems facing the employees of India Inc, says a report of Assocham. Demanding schedules, high stress levels and performance-linked perquisites are having a toll on the health of corporate India's employees. Obesity is the second life style disease they are facing. High blood pressure and diabetes are the third and fourth major diseases, respectively. "Nearly 42.5 per cent of employees...

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Linking farming to market won’t help -Sucha Singh Gill

-Tribune India Policy shift towards market-oriented management will hit marginal farmers hard There is unfolding of the policy of the NDA government towards agriculture. Contrary to election speeches of Prime Minister Narendra Modi, the government has kept quiet about the Swaminathan Commission report about fixing the MSP of agricultural commodities at cost plus 50 per cent. At the same time, the government has given indication towards reduced FCI operations. It has been...

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Empower, don’t patronise, the farmer -Maitreesh Ghatak and Parikshit Ghosh

-The Indian Express The government's attempt to amend the UPA's land acquisition law is facing stiff resistance in Parliament and outside. The Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, combined three different approaches to resolve conflict over land. One is to let money speak. It increased compensation amounts significantly. The second is to let farmers speak. Projects involving private companies had to earn the consent of 80 per cent of...

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NC Saxena, former member of the Planning Commission and National Advisory Council, speaks to Kanika Datta

-Business Standard NC Saxena, former member of the Planning Commission and National Advisory Council has been critical of the land acquisition, rehabilitation and resettlement Act. He tells Kanika Datta why things are unlikely to improve with the amendments recently passed by the Lok Sabha. Edited excerpts: * You were critical of the LARR Act but less so of the ordinance. Why? Let me clarify. The 2013 Act was anti-farmer and anti-industry. The ordinance...

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