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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy

Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...

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Tactical retreat by Prafulla Das

The Orissa government suspends the land acquisition for the Posco project in the face of stiff opposition from the people. SIX years ago, when the South Korean steel giant Posco arrived in Orissa with the biggest ever foreign direct investment that had come the country's way, it was expected to help rid the economically backward State of its ‘poor' tag and bring prosperity. Posco had won the $12 billion deal at...

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Conditional cash transfers and health by KS Jacob

Conditional cash transfers are necessary but not sufficient for improving health. Good government-funded health care is essential, as are schemes which address social determinants of health. The march of capitalism, with its reduced emphasis on public spending, while improving many national economies has also widened the gap between the rich and the poor. For millions of Indians, hunger is routine, malnutrition rife, employment insecure, health care expensive and Livelihoods are under...

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The women of India's Barefoot College bring light to remote villages by Nilanjana Bhowmick

Being trained as solar-power engineers enables women from rural India and Africa to introduce electricity in isolated areas Securing the end of her bright yellow and orange sari firmly around her head, Santosh Devi climbs up to the rooftop of her house to clean her solar panels. The shining, mirrored panels, which she installed herself last year, are a striking sight against the simple one-storey homes of her village. No...

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The not-so-shining India by Dr Binayak Sen

TODAY, India is considered around the world as a rapidly developing country posting economic growth rates of around 8-9 percent consistently over the last several years. Along with China, which is much further ahead, India is seen as a powerhouse of the global economy in the decades to come and already it is home to a very large number of dollar billionaires, perhaps the largest such number in Asia. In...

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