-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process. Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...
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670 Million In Rural Areas Live On Rs 33 Per Day -Saumya Tewari
-IndiaSpend.com More than 70 million rural households face some form of exclusion, either from assets or socio-economic benefits, according to data released by the Socio-Economic Caste Census (SECC) survey last week. As many as 833 million Indians, or 69% of the population, live in rural areas. The SECC report comes at a time when global credit rating agencies, such as Moody’s, have warned that slow growth in rural India may cripple the...
More »Consensus eludes meet on urea subsidy -Puja Mehra
-The Hindu At present, the subsidy is paid to urea producers and importers, not farmers. Consensus continues to elude the Centre on the politically sensitive reform of the urea sector, where it has accumulated an unpaid subsidy bill of Rs. 40,000 crore. Prime Minister Narendra Modi presided over a meeting of senior Ministers and officials last Tuesday, which discussed if the subsidy could be provided directly to farmers through the direct benefit transfer...
More »Tribal alienation in an unequal India -Mihir Shah
-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...
More »Farming in India: The past keeps its grip
-Deccan Herald Many of India's agricultural practices have barely changed in decades. Reform is long overdue. Nearly a quarter of a century after India launched its first big liberalising reforms in 1991, setting off a new spurt of growth, one area of the country’s economy remains hardly touched: farming. Prime Minister Narendra Modi launched a 24-hour, state-run television channel for farmers in May, but has fostered no public debate about how to improve...
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