Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

The Supreme Court tells the government: "It's criminal to let food rot in a chronically hungry country. Give it away free to the poor." It could have added: "Have you no political sense? Have you not read Anandamath, or at least seen the movie?" And Manmohan Singh ticks it off for transgressing on policymaking — doesn't it know there's no such thing as a free lunch? He could have added:...

Exaggeration. Exaggeration. Exaggeration.  I was subjected to this tiresome litany from various angry officials and a couple of politicians after one of their colleagues — who will remained unnamed — leaked to me the perilous state of India’s granaries and the rotting foodgrain within. On July 26, I reported how 50,000 metric tonnes of wheat and rice had rotted away, unfit even for animals; how 17.8 million tonnes, enough to feed...

Prime Minister Manmohan Singh was right when he maintained in his meeting with the media that the judiciary should not stray into the realm of policy formulation for food management. But the same plea cannot apply to the media which brought the issue of rotting of foodgrain to public attention and virtually put the government in the dock for criminal wastage of grains in its warehouses. Policy deficiencies are clearly...