-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...
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Vadra made gains from land licences: CAG -Ajay Sura
-The Times of India CHANDIGARH: Five companies, including Robert Vadra's Skylight Hospitality, bought licences to build colonies from the Haryana government for Rs 52.26 crore. They went on to sell these licences to other companies at a massive premium and collectively earned Rs 267.47 crore in a short span of time. But the profit of Rs 215.21 crore wasn't shared with the department of town and country planning despite bilateral agreements...
More »Farmers' Rights to Seeds Issues in the Indian Law -Parameswaran Prajeesh
-Economic and Political Weekly While the Protection of Plant Varieties and Farmers' Rights Act 2001 is a progressive piece of legislation that recognises farmers' rights to seed, it demands payment of an annual maintenance fee by the farmers to protect the varieties which they have been cultivating and conserving for years, only because these varieties have been brought under legal protection through national legislation. Parameswaran Prajeesh (prajeesh@mssrf.res.in) is a researcher with the...
More »Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee
-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...
More »Private interest as public purpose -Ram Singh
-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...
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