Experts at a discussion on "Two decades of economic reforms: The way forward", organized by CII, Bihar state centre, said the economic reforms had not lessened the urban-rural divide; hence rural people could not generate substantial demand in the economy, though the savings rate enhanced in the last two decades. Director, Asian Development Research Institute, P P Ghosh, said the savings rate had increased from 12% in 1951 to 35%...
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New Land Acquisition Bill unlikely to set threshold for government intervention, states to frame policies by Devika Banerji & Prabha Jagannathan
The new Land Acquisition Bill is unlikely to set a threshold for government intervention in land purchases, leaving it to the states to frame policies on this politically volatile subject. The Bill will, however, eliminate any scope for discrimination by specifying the same rate of compensation for all affected for land acquired by private developers or the state on their behalf. It will also put the onus of compensation on the...
More »Food security to create permanent wheat shortage by Nidhi Nath Srinivas
From next year, atta,bread,biscuits ,snacks and everything made from maida and sooji will become seriously more expensive. Even after a bumper crop, there just won't be enoughwheat for us. ET helps you join the dots. The trigger for wheat inflation that will hit each one of us is the Food Security Act, which kickstarts next year. The Food Corporation of India (FCI) will need substantially more wheat to supply three...
More »Tardy progress by TK Rajalakshmi
The rates of maternal and infant mortality have improved only marginally, according to the latest Sample Registration System. THE country's largest demographic sample survey, covering 1.4 million households and a population of 7.01 million, during the period 2007-09, says that there was only a mild improvement in the infant mortality rate (IMR) and the maternal mortality ratio (MMR). The findings of the latest Sample Registration System (SRS), an exercise which...
More »Bicycles getting crushed under India's rushing prosperity by Neeraj Kaushal
It is the 21st century version of the classic rabbit and tortoise story. Last weekend, a group of cyclists decided to race against Jet-BlueAirlines in Los Angeles when one of its busiest highways was shut down for construction and renovation. To help people get across the town fast, JetBlue started a special flight service. A group of cyclists decided to challenge the airlines to a bikeversus-airlines race. It turned out...
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