Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

In an attempt to expedite the implementation of the RTE Act (Right of Children to Free and Compulsory Education Act), the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved revision of the Sarva Shiksha Abhiyan (SSA), which is regarded as a flagship programme to universalise elementary education across the country. A revised SSA that is aligned with the RTE norms is expected to be the main vehicle for the...

FEW rural pleasures match seeing a golden field of grain, rustling and ripe for reaping. But the harvest season in the northern hemisphere is being marked by turmoil on global wheat markets. A big reason is to be found in one of the world’s largest wheat exporters, Russia. Hit by fires and drought which have wiped out a third of the grain crop, the authorities there have banned exports, first temporarily...

Investing first in the world’s most disadvantaged children and communities can save millions of lives and help spur progress towards achieving internationally agreed development targets, according to a new study by the United Nations Children’s Fund (UNICEF). The agency found that an equity-based approach, focusing on the needs of the most disadvantaged children, can be a cost-effective strategy to reaching the Millennium Development Goals (MDGs) – eight targets that include slashing...

Child mortality great barometer of economic progress ‘Prioritise the marginalised to curb mortality' Children from the poorest communities are three times more likely to die before they reach the age of 5 than those from high income groups, Save the Children, a non-governmental organisation has said. In a global report titled A Fair Chance at Life, the organisation said the policy to lower child mortality in India and elsewhere appeared to focus on...