The World Bank has cleared a $975-million (Rs 4,387 crore) loan for a pet rail project of Mamata Banerjee, the funds signal flashing at a time Bengal is on the lookout for affordable funds. The loan is meant for the first phase (Ludhiana-Mughal Sarai) of a dedicated high-speed freight corridor that will eventually link Calcutta and Delhi. But those familiar with the World Bank’s operations suggested that the approval could be more...

The farmers' struggle against land acquisition only shows that from passive forms of protest they have turned to active forms of resistance. THE recent agitation by farmers in Uttar Pradesh against cropland acquisition for non-agricultural purposes is only the latest in a long series of protests by farmers and rural communities, which started a decade ago in different parts of the country and which gathered momentum over the past five...

The success of the institution of Lokpal will depend on limiting its scope to the very top of the hierarchy. That will make it manageable and lead to accountability down the line. The drafting of the Lokpal bill is back in the news after the round of Assembly elections. The co-chairperson of the high-power committee involved in the drafting has said that progress is slow and that the June 30 deadline...

Brajendra Ghosh (45), a farmer, committed suicide allegedly by consuming pesticide at Durmut village in Mangalkote on Sunday morning. He was declared dead on arrival at the Katwa Hospital. In the recent past, several cases of farmer suicides have come to light. But this is the first such case due to debt in the rice bowl of the state after the new government led by Mamata Banerjee stormed into power....

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...