The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
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Change in the heartland by Sudha Pai
In contrast to the 1990s, when age-old matters of identity drove electoral politics, it appears that development-related issues such as land acquisition and law and order will play a critical role in the contentious campaign for the UP elections due next year. While this can be attributed to the BSP’s “sarvajan” agenda, it also signals the impact of the market economy and the need to attract private investment, which has...
More »Jairam refers final decision on Mahan coal block to GoM
-The Hindu Environment Minister Jairam Ramesh has refused to issue forest clearance to the Mahan coal block in the Singrauli field of Madhya Pradesh, meant for the use of Essar and Hindalco power plants. However, this is not the final rejection. Instead, Mr. Ramesh has merely washed his hands of on the issue and passed the buck to a Group of Ministers to take a final decision. However, he has recommended that...
More »Difficult problem, difficult solutions by Ritu Kant Ojha
This is a unique situation. For governments, development authorities, lenders and borrowers alike. On Wednesday, a Supreme Court (SC) Bench headed by Justice GS Singhvi upheld a verdict of the Allahabad High Court that quashed acquisition of 176 hectares of land from farmers in Greater Noida stating that the authorities were “sub-serving” private builders in the name of public interest. Land purchased from the government was always considered ‘clean’. This verdict,...
More »SC scraps G Noida land acquisition by Bhadra Sinha
A day after it accused states of running a sinister campaign to "grab" the land of poor farmers, the Supreme Court on Wednesday dealt a big blow to the Mayawati government in Uttar Pradesh by quashing a 2007 notification to acquire 156.3 hectares of land in Greater Noida. A bench of justices GS Singhvi and AK Ganguly also imposed a Rs 10 lakh fine on the Greater Noida Industrial Development Authority...
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