-The Telegraph Kolkata: The Mamata Banerjee government today announced a scheme to allow big private investors to directly procure farm produce - a segment that Buddhadeb Bhattacharjee could not liberate from the stranglehold of the Forward Bloc. The scheme titled Brihat Krishak Bazar Yojana, which loosely translates into mega farmer market programme, seeks to "connect the local market to high-growth demand centres" and weed out middlemen. The project will allow private developers to...

-The Hindu Jagdish Bhagwati's attacks on Amartya Sen are based on a series of misattributions and obscure the real issues on which the two economists differ Rich and lively public debates are the raison d'être of any democracy. But the recent attacks by Professor Jagdish Bhagwati on Dr. Amartya Sen confound the real issues on which Sen and Bhagwati differ. Bhagwati tries to position himself as a proponent of growth that would benefit...

-The Times of India NEW DELHI: While ministers toy with all kinds of ideas to curb consumption of oil, including bizarre ones such as shutting down petrol pumps at night, it might help if they looked inwards. For, the biggest and most profligate oil consumer in the country is the government itself. Petrol flows like water in the government. Not just ministers and officials of the central and state governments, even PSUs...

-The Business Standard The process prescribed in the law is so cumbersome and time consuming that neither industry nor landowner will benefit Fast economic growth in the last two decades has increased demand for land from many sources, such as infrastructure, industry, mining, and urbanisation, including real estate. Even when these activities are funded privately and are driven by profit motive, they serve a social purpose since employment generation per unit of...

-The Telegraph The Centre today sought to allay fears that the proposed land acquisition law would discourage industrialisation and delay projects, saying it had "humane" provisions based on lessons from the Singur agitation. "The fears are largely exaggerated and overblown. Any bill that closes the door on forcible acquisition is also in the interests of the nation," rural development minister Jairam Ramesh said, alluding to concerns expressed by industry bodies over the...