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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy

Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...

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The not-so-shining India by Dr Binayak Sen

TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...

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Whose land is it anyway? by Shubhashis Gangopadhyay

The West Bengal govt's role as a non-market intermediary in an essentially private land transaction is questionable The West Bengal government has passed a new legislation that transfers the land back to those who refused to accept the compensation that they were offered during the acquisition of their lands for the Tata Nano factory. The Tata group has promptly gone to court claiming that this is an unconstitutional Act. Surely one...

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A RAY of hope for slum dwellers Rajiv Awas Yojana for urban poor launched

The Rajiv Awas Yojana (RAY), under the Ministry of Housing and Urban Poverty Alleviation, has been launched for slum dwellers and the urban poor on the lines of the Indira Awas Yojana for the rural poor. RAY is a right-based, reform-driven programme under the Jawaharlal National Urban Renewal Mission (JNNURM). It has been launched with the aim of creating a slum-free India by providing affordable housing for slum dwellers. A Guwahati...

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Acquisition made easy by Richard Mahapatra

New land acquisition bill won’t bring relief to tribals Debate over land acquisition for “public purposes” has turned into a chasing game for more compensation. There is political competition over which ruling party gives more money as compensation for land. It has become a “we v them” game. In between we have lost track of the key issues related to land acquisition. This long-standing debate never revolved around compensation alone. To begin...

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