It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial government spending ostensibly designed to reduce poverty. Could cash transfers help? A...
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All for the state
-The Indian Express Much hope surrounds India’s land acquisition bill, which is to be introduced into Parliament soon. Given how questions about pricing and purchasing agricultural land have begun to affect, and in some cases warp, politics all over India, much depends on getting the institutional framework right. It is necessary to ensure that the land-use change that accompanies this urbanisation be carried out fairly, efficiently and effectively. It has...
More »Land: NAC recommends compensation six times the registered value by Smita Gupta
Still to decide on private land acquisition The Sonia Gandhi-led National Advisory Council (NAC) decided on Wednesday to propose to the government that compensation for those whose land is acquired for public purposes — such as a dam, irrigation project or military installation — will be six times the registered sale deed value, including solatium. It will also recommend that those whose livelihood and shelter are adversely affected because of acquisition for...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »'Rich-poor divide reportage warped' by Nitin Sethi
Media, especially the electronic one, has found a special mention in Planning Commission deputy chairman Montek Singh Ahluwalia's views on the 12th five-year Plan. But, his feedback hasn't been all that flattering. The electronic media has been hauled up for 'disproportionately' showing widening disparities between the rich and the poor. "The perception of concentration of wealth and widening disparities is sharpened by the tendency of the media, including especially the...
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