The new railway tracks announced on social demand but which are economically unviable and may get delayed due to fund crunch may be funded through NREGA. Railways, which is facing a fund crunch and is struggling to check cost escalation, has also asked state governments to pitch in at least 50% of the project cost from their kitty by raising it through a cess or any other means. According to...

Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...

Growing numbers of elected representatives fund their poll campaigns with corporate backing. And growing numbers of people with a big business background have ventured directly into the electoral arena.  Corporate Affairs Minister Salman Khurshid’s call for restraint, however mild, on the CEO feeding frenzy at the compensation trough, seems the least objectionable statement made by a Minister in months. (Contrast this, for example, with the Agriculture Minister’s warning that people...

The 2009 Human Development Report (HDR), released simultaneously across the world on Monday, makes a strong case for removing barriers to migration within and across borders, arguing that human movement had brought perceptible all-round benefits and held the potential to improve the lives of millions of poor and low-skilled people. Released jointly here by Deputy Chairman of the Planning Commission Montek Singh Ahluwalia and United Nations Resident Coordinator Patrice Coeur-Bizot, the...

The stalled Land Acquisition Bill should be completely overhauled. In both China and India the issue of land acquisition has become politically very sensitive. In China by official reports more than 66 million farmers have been dislocated in recent years for various commercial development projects. Local officials in cahoots with local business have been rather cavalier in this matter, and this has inflamed passions in the countryside. In India the...