-Business Standard NC Saxena, former member of the Planning Commission and National Advisory Council has been critical of the land acquisition, rehabilitation and resettlement Act. He tells Kanika Datta why things are unlikely to improve with the amendments recently passed by the Lok Sabha. Edited excerpts: * You were critical of the LARR Act but less so of the ordinance. Why? Let me clarify. The 2013 Act was anti-farmer and anti-industry. The ordinance...
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Rural jobs scheme — good in parts -Nilabja Ghosh
-The Hindu Business Line It provides infrastructure and a social safety net, but are there better ways of delivering both? The MGNREGA has been a subject of controversies from its inception. After much of the public dissension died down, the current government again stirred a hornet's nest by sending out what were perceived to be negative signals on this large public Employment scheme. Not only has this raised political questions, it has...
More »The developing story -Sukumar Muralidharan
-The Hindu Business Line Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...
More »How the Budget short-changed states' social security schemes -Nitin Sethi & Ishan Bakshi
-Business Standard States will now have to spend from their pockets to keep their social-sector schemes going The 2015-16 Budget seems to have broken the contract between the Centre and the states on sharing the economic burden for delivering social security. The Centre's assistance to the states for social sector schemes has come down from a budgeted Rs 3.56 lakh crore in FY15 to Rs 2.20 lakh crore in FY16. Effectively, while the...
More »Land bill passed in Lok Sabha
-The Hindu Nine amendments have been adopted. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015, popularly known as the land bill, was adopted by the Lok Sabha after debating it for two days. Congress and Biju Janata Dal walked out ahead of the voting, to protest the removal of a clause that makes it mandatory to get farmers' consent prior to the acquisition of land...
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