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Public goods as the way to welfare-Pulapre Balakrishnan

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

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Shamnad Basheer, Intellectual Property Law Professor at NUJS interviewed by V Venkatesan

PROFESSOR Shamnad Basheer joined the National University of Juridical Sciences (NUJS), Kolkata, in November 2008 as the first Ministry of Human Resource Development Chaired Professor in Intellectual Property Law. Before this, he was Frank H. Marks Visiting Associate Professor of Intellectual Property Law at the George Washington University law school and a research associate at the Oxford Intellectual Property Research Centre (OIPRC).  He is the founder of several initiatives, including...

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No free mines with ultra mega power plants anymore: Coal ministry-Soma Banerjee

Bidders for upcoming ultra mega power plants in Odisha and Chattisgarh will have to pay a reserve price to the state government for coal mines that come bundled with the project, ending a long established policy regime in which the mines were allotted free. The coal ministry is in the process of finalizing norms for calculating the reserve price for the mines, bidding norms and a model agreement for which it...

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Debate on poverty does not alter the reality of declining poverty or strategy to combat it-PP Sangal

The Planning Commission drew flak when it calculated that if an urban person spent 28 per head every day and someone in rural areas spent 22, that was enough to consider them to be above the poverty line. These figures are based on consumption expenditure data collected in the 66th round of NSSO for 2009-10. From these new estimates, using the Tendulkar Committee methodology, the number of poor in 2009-10 was...

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India's Westminster-type government is struggling with coalition woes-Pradeep S Mehta

At a recent meeting in Kolkata, finance minister Pranab Mukherjee threw up his hands for not being able to present a bold Budget because of coalition politics. Indeed, Mamata Banerjee of the Trinamool Congress, a coalition partner, has been a thorn in the side of the UPA. She enjoys a veto on nearly everything that the government wishes to do. If such are the compulsions of coalition politics, should we not...

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