-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...
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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »Decisions of the people, by the people, for the people -Ashish Kothari
-The Hindu People’s objections, from Chhattisgarh to Odisha, against large development projects have brought out the real power of the Forest Rights Act of 2006. Democracy is alive and kicking in India. No, I am not referring to the Assembly elections. It is unfortunate that the term democracy has been reduced to the drama of periodic elections and the subsequent reliance of the electorate on politicians and bureaucrats. When these powerful few...
More »The land question -Sudipto Mundle
-Livemint.com BJP’s U-turn on the proposed land Act reflects a re-balancing of deeper political forces that are at work in India’s political economy The recent U-turn by the Bharatiya Janata Party (BJP)-led government on the proposed amendment to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (henceforth the land Act), can be viewed narrowly as a Congress victory in the ongoing tit-for-tat game that is short-changing...
More »The promised land -Christophe Jaffrelot
-The Indian Express Government’s insistence on acquisition is rooted in a rush to impose the Gujarat model on the rest of India. The development agenda of the Narendra Modi government implies industrialisation. The BJP’s 2014 mandate was indeed for job creation. The “neo-middle class”, which Modi defined when he was CM of Gujarat as made up of aspiring city dwellers who have just emerged from poverty, supported him more widely than the...
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