-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
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Industry ministry secy for rejig of land acquisition law-Nayanima Basu
-The Business Standard It is not pro-farmer, provides for too many committees and too many approvals, says Amitabh Kant The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act. "The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many...
More »New evidence of suicide epidemic among India’s ‘marginalized’ farmers -Manash Pratim Gohain
-The Times of India NEW DELHI: Latest statistical research finds strong causal links between areas with the most suicides and areas where impoverished farmers are trying to grow crops that suffer from wild price fluctuations due to India's relatively recent shift to free market economics. A new study has found that India's shocking rates of suicide are highest in areas with the most debt-ridden farmers who are clinging to tiny smallholdings...
More »Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »Broken link in the agricultural supply chain
-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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