The farmers' agitation in Uttar Pradesh brings into focus the indiscriminate acquisition of land by the state for corporate-led development. ON May 19, three days before the formal observation of the second anniversary of the United Progressive Alliance government, Congress president and UPA chairperson Sonia Gandhi made a categorical announcement that in the monsoon session of Parliament scheduled to begin in July the ruling coalition would bring in legislation that...
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Labour reform slips out of list as India Inc has greater worries by Devika Banerji
Archaic labour laws are not affecting India's manufacturing sector as much as problems related to land, water, licences and clearances, a government panel's study shows. With the findings of the Planning Commission study, changing rigid labour laws, so far suspected to be the main hurdle before the manufacturing sector, is likely to drop on the government's list of priorities. The sector contributes 15% to India's GDP. "Against popular perception, we...
More »How to keep our votes safe by Jagdeep S Chhokar
The editorial, Not a wealth of information (Our Take, March 19), was a correct description of what WikiLeaks has revealed about how India's foreign affairs and political establishments work. However, one sentence needs to be commented on, and that is its recommendation for setting up "a commission to look into the idea of public funding of political campaigns". This reveals how short our public memory is. Three learned groups have laboured...
More »Growth as tool to alleviate poverty
The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...
More »Jobless growth again?
While the recent sporadic performance of the Indian manufacturing sector has justifiably evoked both concern and comment, another well-documented facet has not received commensurate attention. Organised sector manufacturing in India turned capital intensive in the 1990s and the trend continues inexorably. Research by Business Standard indicates that India Inc added over Rs 13 trillion in fixed assets over the past decade, with over 80 per cent of this accretion since...
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