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Rural reach -Amita Sharma

-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...

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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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Spurt in vegetable prices next month may be spoiler for inflation, warns RBI

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

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The Questions We Should Be Asking Frequently About the Land Acquisition Act -Usha Ramanathan

-GRISTMedia.com In the course of my work as part of a team set up to look into the socio-economic status of Adivasi communities, there were several things I learned about the Land Acquisition Act, 2013, and the amendments to it. Here are some important questions about land and the Act that we should be asking: * What is the State's relationship to land and its citizens? This a key question - and one...

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Higher productivity equals higher wages? Not for the Indian industrial worker -Prabhat Singh

-Livemint.com Real wages have grown at an average 1% annually between 1983 and 2013 Industrial workers on the shop floor have got a raw deal through the economic boom of the past three decades. Their real wages have grown far less than the growth in productivity. That flies in the face of the traditional economic assumption that the two move in tandem. The share of wages in the net value added by...

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