-The Indian Express The government's attempt to amend the UPA's land acquisition law is facing stiff resistance in Parliament and outside. The Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, combined three different approaches to resolve conflict over land. One is to let money speak. It increased compensation amounts significantly. The second is to let farmers speak. Projects involving private companies had to earn the consent of 80 per cent of...

-CurrentNews.in ‘Make in India' an empty slogan; Govt promotes ‘Sell in India'  The government of the USA is pushing India to revise its existing robust Intellectual Property (IP) framework that effectively protects the national and public interest by balancing the rights of IP owners with their obligation to society. Submitting to the US agenda will adversely impact innovation, production and prices, especially of medicines and medical care. Multinational pharmaceutical companies will reap...

-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...

-PTI NEW DELHI: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and pulses. Responding to a PIL on increasing farmer suicides in the country, the Ministry of Agriculture said in an affidavit, "India has not only ensured self-sufficiency in most of the agricultural crops...

-The New Indian Express For now the storm is over. Untimely monsoons, which create much havoc for farmers, became a parliamentary allegory with the Congress raining on Modi's parade over the Land Bill. In spite of all the manoeuvring that will follow, clouds threaten to hang low over the next session too. This is indicated in Sonia Gandhi's decision to take to the streets in protest - a leaf taken from...