The Singur land take-back bill has spurred a group of farmers in Burdwan to demand return of their plots that were acquired for a proposed health city. The 84 farmers had turned down cheques in exchange for 23 acres — all multi-crop land — that had been acquired in 2005 for the project in Goda. Fifty-seven acres from 350 landowners were marked for acquisition at the rate of Rs 12 lakh an...
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Commodities and Corruption by Prabhat Patnaik
Capitalism is supposed to bring in modernity, which includes a secular polity where ''babas'' and ''swamys'', qua ''babas'' and ''swamys'', have no role. Many have even defended neo-liberal reforms on the grounds that they hasten capitalist development and hence our march to modernity. The Left has always rejected this position. It has argued that in countries embarking late on capitalist development, the bourgeoisie allies itself with the feudal and semi-feudal...
More »The black money monster
-The Times of India The high drama over Baba Ramdev's midnight eviction and action against the peaceful gathering has shifted the focus away from the central is sue raised by the Baba – black money overseas – to the right to protest in a democracy. This being the case, there is danger of an uninformed debate on black money taking over, guided more by emotions and populist talk rather than...
More »Sound policy shift
-The Hindu The Uttar Pradesh government's new land acquisition policy, announced in the face of farmers' protests and impending elections, is a significant improvement over existing practices. It is sounder than the amendments to the central Act proposed by the UPA government, which have been awaiting enactment since 2007. Poor compensation calculated on rates based on the pre-development phase, a lack of consultation, and cumbersome procedures have marred the whole...
More »Political will missing in the fight against black money by Mythili Bhusnurmath
If you want to kill any idea in the world, get a committee working on it,' quipped Charles F Kettering , the famous American engineer and inventor of the electric starter. Well, the government has done just that! It has appointed an eight-member committee to examine ways to tackle black money. Perhaps that is too cynical! After all, the flurry of activity (the committee is only one of a series...
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