Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...

Fairness in land acquisition is difficult to achieve A market’s charm, leaving out cases of distress sale, lies in the fact that it ensures for individuals the right to refuse unacceptable transactions. This observation, though pedestrian, has implications for the controversies surrounding the use of agricultural land for industrial growth in Bengal. Indeed, many — the present author included — have argued in favour of land acquisition through markets, for...

At a time when the flow of institutional credit has tended to look up, pointing to economic recovery, the disbursal of agricultural credit has dipped by an astonishing 30 per cent, putting the prospects of recovery in the drought-ravaged farm sector in jeopardy. The numbers released by the National Bank for Agriculture and Rural Development (Nabard) indicate that both commercial banks and cooperative credit outlets are lagging behind their targets...

The procurement of rice for distribution under the proposed Right to Food scheme has renewed the fears of irreversible depletion of water table in India’s grain producing regions. It is feared that unless more scientific and progressive methods of rice cultivation are used, the otherwise welcome scheme would lead to more sowing of summer paddy leading to more injudicious water use and further soil degradation. Many rural NGOs and agricultural...

Displacement has become a leading source of discontent and impoverishment in India and many other developing countries. In the case of some vulnerable groups like tribals, it is perhaps the leading source of poverty and discontent resulting in widespread violence in several places. Thus policies which promote large-scale displacement not only increase poverty, these are also a threat to peace and democracy. Unfortunately it has been taken for granted by many...