Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

The drought in greenfield investment projects in the fertiliser sector in India is finally set to end after over a decade. Existing and prospective investors in fertiliser manufacture are reportedly willing to invest over Rs 45,000 crore in the next few years, both in expansion of existing capacities and creation of new ones. The rising excess demand for fertiliser is driving this renewed spurt in investment activity. The increase in...

Last week saw the publication by BS Books of the India Health Report 2010 (henceforth referred to as IHR10), edited (and mostly written) by Ajay Mahal, Bibek Debroy and Laveesh Bhandari. For anyone interested in India’s health status, access to health care and medicines, emerging health problems, the infrastructure of health services, medical ethics, health-care financing, government programmes and regulations and key issues in health sector reform, this 138-page report...

The number of Internet users in rural India will swell to 5.4 million in 2010, translating into a 30 per cent growth, primarily driven by farmers going online to check their e-mail. The number of active Internet users in rural India will swell to 5.4 million in 2010, a growth of 30 per cent from 3.3 million in 2008, according to a research study jointly conducted by the Internet and Mobile...