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India Deals Face a Reckoning by Geeta Anand

Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

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Ending misuse of land acquisition laws by Ram Singh

Frequent and unrelenting protests against land acquisition seem to have compelled political parties to take the issue seriously. The Centre has promised to introduce a redrafted land acquisition Bill during the winter session of Parliament. As per official pronouncements, the Bill will provide for higher compensation to the affected parties. Besides, acquisition for private companies will be restricted to less than 30% of the total land required for the project. However,...

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India's Games of Shame by Mitu Sengupta

Delhi is an anxious city this monsoon season, struggling to meet an onerous deadline. Preparations continue at a feverish pace for the 19th Commonwealth Games (CWG), which will bear down on the Indian metropolis October 3-14, along with some 8,500 athletes from the 71 states and territories that were once part of the British Empire. Around-the-clock construction and spells of heavy monsoon rain have turned Delhi into a swirl of mud...

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To not land in trouble by Pranab Bardhan

In the last few years in different parts of India the issue of land acquisition has become politically explosive.  This isn’t surprising as land, one of the few assets possessed by large numbers of people, particularly in rural India, is rising disproportionately in potential value as commercial and industrial development picks up, as there is never a dearth of real estate magnates, land speculators, local mafia, their political patrons and...

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India's urban poor worse off than rural poor: Poverty Allevation Minister (Interview)

The poor in India's cities are in many ways worse off than those in rural areas, says Housing and Urban Poverty Alleviation Minister Kumari Selja, pointing out that the urban population is set to double in the next 25 years to over 600 million. 'About 300 million people live in towns and cities underserved by utilities, with inadequate housing and increasingly choking traffic. The condition of the urban poor is by...

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