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Subsidising through prices: A bad idea by Bibek Debroy

The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by the government, sentiments associated with those who are against state intervention, but increasingly felt by the so-called middle class - however defined - because of price hikes, and proposed price hikes, for petroleum products. Ostensibly, price...

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India Inc balks at Land Acquisition Bill

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, Cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

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NREGA widens gaps between states by Subhomoy Bhattacharjee

Five years into the implementation of the right to work programme, the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) has the potential to create even sharper division between states than what existed before it was launched. This is becoming increasingly clear through reports like the second report of the National Consortium of Civil Society Organisations on NREGA, released last week in Delhi by rural development minister Jairam Ramesh. It is...

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Nilekani panel's terms of reference extended

-The Hindu   The government on Tuesday extended the terms of reference of the Nilekani task force on direct transfer of subsidies to include an Aadhaar-enabled unified payment infrastructure. Set up by the Union Finance Ministry under the chairmanship of Unique Identification Authority of India (UIDAI) chief Nandan Nilekani in February, the task force was asked to recommend and implement a solution for direct transfer of subsidies on kerosene, LPG and fertiliser to...

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Chhattisgarh coal blocks a test case for acquiring tribal lands by Aman Sethi

This wedding season, anxious grooms from Parsa and Ghatburra, two villages in Chhattisgarh's Surguja district, were offered financial assistance from an unlikely source. Adani Mining Pvt Ltd, a subsidiary of Adani Enterprises Ltd, was handing out loans to all those who could prove that the money would be spent on marriage arrangements. “A company official took us to the bank, opened accounts in our names, and gave us cheques for Rs....

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