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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....

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The rising stink in the media business-Vanita Kohli-Khandekar

-The Business Standard An industry capable of bringing down governments has chosen to keep quiet about the creeping corruption in its own backyard You can pay newspapers to get any kind of article published, ditto for news channels. You can fix TV ratings or readership numbers. You can even fix the box-office figures for your film. And if nothing works, you can always entice a media buyer with a cutback to...

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Cloud on Nayachar project

-The Telegraph The Union environment ministry has raised concerns over the proposed power plant on Nayachar island, casting a cloud on the Rs 8,600-crore investment proposal by NRI businessman Prasoon Mukherjee. At a meeting earlier this month with Bengal government officials, an expert appraisal committee under the central ministry asked the state to come up with a revised environment protection plan. Handing over a 100-page dossier prepared by a group of professionals, chaired...

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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

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Frequent flyer Patil beats PM in trips-Himanshi Dhawan

-The Times of India While it is no secret that former President Pratibha Patil set new records with her incessant travel, RTI records have revealed another dubious first. Patil travelled twice as many times as the PM and vice-president over the last three years spending over Rs 140 crore in air travel expenses alone. According to data given by Air Force in response to an RTI filed by activist Subhash Agrawal, IAF's...

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