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Land acquisition may not be a zero sum game, two new studies show -Subhomoy Bhattacharjee

-Business Standard Land acquisition cases take on an average 20 years to navigate the courts Within three years of the framing of the new land law by the Centre, as many as 280 cases have landed in the Supreme Court using the window the law provides to challenge pending acquisitions. Yet land switching from farming to industry need not be a zero sum game as two key studies on land released last...

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Pricier food, fuel push WPI inflation to 39-month high -Surabhi

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

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Rajasthan Budget 2017: Major announcements made by CM Vasundhara Raje

-The Indian Express The government will spend over Rs 6000 crore on clean drinking water scheme, said CM Vasundhara Raje Chief Minister Vasundhara Raje presented the state financial budget for fiscal year 2017-18 in the Assembly. Here are some of the major announcements made by the chief minister: * 13 districts to benefit from Chambal water * Rs. 10 crore for GIB conservation in Desert National Park by improving grasslands * Launch of Project Leopard to...

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Budget unmindful of income inequality -MA Oommen

-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...

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Early budget hurdle to survey -Jayanta Roy Chowdhury

-The Telegraph New Delhi: The demonetisation-hit economy, which is expected to limp back to normalcy by the middle of this calendar year, may report a GDP growth rate of around 7 per cent for 2016-17, according to North Block economists. Of course, like all cautious economists, North Block's tribe of coffee swigging GDP forecasters and policy sherpas will add a ceteris paribus (all other things being equal), the Latin term that the followers...

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