The World Bank has cleared a $975-million (Rs 4,387 crore) loan for a pet rail project of Mamata Banerjee, the funds signal flashing at a time Bengal is on the lookout for affordable funds. The loan is meant for the first phase (Ludhiana-Mughal Sarai) of a dedicated high-speed freight corridor that will eventually link Calcutta and Delhi. But those familiar with the World Bank’s operations suggested that the approval could be more...

The farmers' agitation in Uttar Pradesh brings into focus the indiscriminate acquisition of land by the state for corporate-led development. ON May 19, three days before the formal observation of the second anniversary of the United Progressive Alliance government, Congress president and UPA chairperson Sonia Gandhi made a categorical announcement that in the monsoon session of Parliament scheduled to begin in July the ruling coalition would bring in legislation that...

The government's acquisition of land for projects has been facing protests across the country, the violence in Uttar Pradesh [ Images ] being only the latest. As people's power collides with public projects, MR Madhavan explains what land acquisition is all about What is Land Acquisition? Land acquisition is the process by which the government forcibly acquires private property for public purpose without the consent of the land-owner. It is thus...

Some time before the Manmohan Singh regime imploded in the mass of corruption scandals that are currently regaling television audiences, Manish Tiwari, the Congress member of parliament and spokesperson, was participating in a televised programme on political parties and their attitudes to corruption. Someone asked why the Congress had given a parliamentary ticket to Mohammed Azharuddin, the former Indian cricket captain found guilty of match-fixing and banned for life from...

The arrival of large quantities of wheat in the grain markets of the Punjab-Haryana region is a heart-warming sight, while poor storage is a matter of national shame. It was in April-May 1968, that the country witnessed the wonderful spectacle of large arrivals of wheat grain in the mandis of Punjab like Moga and Khanna. Wheat production in the country rose to nearly 17 million tonnes that year, from the previous...