-The Hindu Given industry concerns and the desire to accelerate industrialisation, the government could have reopened the debate on the land act. Instead, it has wholly accepted one perception of the conflict, and sought to undo the compromise embodied in the 2013 Act without a review This article will not go into the question of the propriety of the ordinance route to legislation in this case, but will try to present a...
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The Planning Commission is dead. Long live the new avatar. -Paranjoy Guha Thakurta
-The Goan In the second decade of the 15th century, after the French ruler Charles VI was succeeded by his son bearing his name, a phrase was coined: "The king is dead, long live the king". The phrase literally meant that the transfer of sovereignty occurs simultaneously from the moment of death of an earlier monarch. Over the years, the phrase came to signify superficial change: the more things change,...
More »On the mythology of social policy -Jean Drèze
-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
More »Farmers look for green shoots-Ajay Vir Jakhar
-The Business Standard They were unimpressed by the UPA's misguided Socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...
More »Crony capitalism or plain corruption?-Arvind Virmani
-The Hindu Ideological labels are likely to mislead by channelling the debate into issues of capitalism and Socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony Socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...
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