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Arun Jaitley hints at more spending cuts ahead of Union Budget

-PTI   Having already crossed the fiscal deficit target in November, Finance Minister Arun Jaitley on Friday hinted at more cuts in spending so as to contain it within limits for the current fiscal, saying he does not believe in living on borrowed money. "We're trying to rationalise expenditure as far as the government is concerned because we do not want the government to live on borrowed money indefinitely," he told a gathering...

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The twist in the growth story -C Rangarajan

-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

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Leaving people out of development -Meena Menon

The Hindu In the urgency to grant industry its due with promises of ‘Make in India,' the marginalised cannot continue to be victims of grave policy neglect and continuing alienation For some years now, the Ministry of Environment and Forests (MoEF)has been perceived as a roadblock to development or a facilitator for the industry depending on which side you are on. Former Union Environment Minister Jayanthi Natarajan's recent letter to Sonia Gandhi...

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Dispossession, development and democracy -Michael Levien

-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...

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The Questions We Should Be Asking Frequently About the Land Acquisition Act -Usha Ramanathan

-GRISTMedia.com In the course of my work as part of a team set up to look into the socio-economic status of Adivasi communities, there were several things I learned about the Land Acquisition Act, 2013, and the amendments to it. Here are some important questions about land and the Act that we should be asking: * What is the State's relationship to land and its citizens? This a key question - and one...

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