In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...
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Shift to market by Venkitesh Ramakrishnan and Ajoy Ashirwad Mahaprashastha
The changing stances of the Planning Commission reflect the influence of the political climate. THE short note on the history of the Planning Commission on its website concludes thus: “For the first eight Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries, but since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and...
More »Govt guilty of fraud if land acquired for public purpose is given to pvt firms: SC
-The Indian Express The Supreme Court has said that it amounts to “fraud” on the part of the government to forcibly acquire land under the guise of a public purpose, only to have the property transferred to real estate developers or companies for their use. A Bench of Justices G S Singhvi and S J Mukhopadhyaya held that the State cannot use its power to compulsorily purchase or acquire land of a...
More »Stopping the loot
-The Hindu A robust new law to regulate mining in India is overdue. The proposed Mines and Minerals (Development and Regulation) Bill, 2011 is the central government's response to a full-blown crisis in the sector. There are several serious issues that the legislation promises to address, such as sharing of profits with project-affected people, environmental sustainability, competitive bidding to improve returns to States, and transparency in grant of permits. A major...
More »For social justice by PS Krishnan
Any new system for the socio-economic progress of Dalits and other vulnerable sections must not lose sight of Special Component Plan goals. THE Planning Commission's “Approach to the 12th Five Year Plan” deals with the Scheduled Castes (S.C.s) briefly in a portion of Chapter 11 titled “Social and Regional Equity”. It, however, significantly mentions the need to devise a new system that can overcome the difficulties experienced with regard to the...
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