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Driven to distress -R Krishnakumar

-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...

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Private interest as public purpose -Ram Singh

-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...

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Dispossession, development and democracy -Michael Levien

-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...

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Bubble, bubble, less trouble -Aakriti Shrivastava

-The Hindu Business Line   A device that literally makes light of the rice parboiling process Bhuvani Devi, a frail-looking woman in her early thirties, has taken up a new challenge - to produce a tonne of parboiled rice in Baarwan village in Jharkhand's Deoghar district. Unlike what the region's paddy farmers did until now, she wants to process and sell parboiled rice rather than paddy itself. "We used to sell paddy at...

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Draft guidelines issued for onion, potato price stabilisation fund

-Business Standard The central government's price stabilisation fund for potatoes and onions proposes to take on only half of any losses incurred by agencies of state governments in this regard, such as civil supply corporations. The draft guidelines for the Fund, creation of which was announced in the 2014-15 Budget by Finance Minister Arun Jaitley, say if any central government agency (such as Nafed or SFAC, the Small Farmers Agri-Business Consortium)...

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