-The Indian Express Government’s insistence on acquisition is rooted in a rush to impose the Gujarat model on the rest of India. The development agenda of the Narendra Modi government implies industrialisation. The BJP’s 2014 mandate was indeed for job creation. The “neo-middle class”, which Modi defined when he was CM of Gujarat as made up of aspiring city dwellers who have just emerged from poverty, supported him more widely than the...
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Nabard Can Help Weather Rural Financial Distress -Charan Singh
-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
More »Land acquisition issues stall only 8% of all industrial projects -Prachi Salve
-IndiaSpend.com About 8% of 804 industrial projects – with a planned investment of Rs 421,062 crore ($67.91 billion) – across India are in limbo because of land-acquisition problems, according to data released by the finance ministry. The data complement a 2014 Comptroller and Auditor General report that says 38% of land acquired for special economic zones has not been used. The leading causes for stalled plans were unfavourable market conditions (98 projects) –...
More »Shankar Aggarwal, Union Labour Secretary, speaks to Somesh Jha
-Business Standard The Centre proposed a slew of measures for workers ahead of Labour Day. Suggesting flexibility for employers in hiring and firing labour, it also proposed provisions for a better compensation package. Union Labour Secretary Shankar Aggarwal tells Somesh Jha both workers and employers should be ready for a change demanded by the new dynamism of the economy. Edited excerpts: * How important is rationalisation of trade unions? Unions are formed so...
More »Untie the farmer -Ashutosh Varshney
-The Indian Express The debate on the land acquisition bill and the tragic suicide of a farmer in Delhi compel us to reflect on a theme of enduring significance: the role of agriculture and farmers in development. What has the historical experience all over the world been? How is India’s agrarian narrative different — or identical? What can India learn from international experience? Many years ago, I wrote a book, Democracy, Development...
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