-The Business Standard The process prescribed in the law is so cumbersome and time consuming that neither industry nor landowner will benefit Fast Economic Growth in the last two decades has increased demand for land from many sources, such as infrastructure, industry, mining, and urbanisation, including real estate. Even when these activities are funded privately and are driven by profit motive, they serve a social purpose since employment generation per unit of...
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Busting a few myths about poverty-Ajit K Ghose
-The Business Standard While Economic Growth may reduce poverty, no systematic correlation between the pace of poverty decline and the pace of Economic Growth can be found in the data Recent publication of new numbers on poverty by the Planning Commission has revived some old controversies. The numbers show that while the incidence of poverty declined both between 1993-94 and 2004-05 and between 2004-05 and 2011-12, the pace of decline was much...
More »More students opt for higher education, but even more drop out: Survey -Subodh Varma
-The Times of India NEW DELHI: Higher education continues to be a mixed bag in the country. A countrywide education survey has found that the rate of attendance in the 20-24 age group (corresponding to graduation and above) has recorded the highest rates of growth in several decades. However, worryingly, the dropout rate has also kept pace. The survey carried out by the National Sample Survey Organisation (NSSO) in 2009-10 was released...
More »Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports
-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...
More »This perverse rage against the poor-Harish Khare
-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the Food Security Bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National Food Security Bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...
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