-IPS News Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report. The assessment, written by the Independent Evaluation Group (IEG), the World Bank Group’s auditor, warns that expectations for poverty reduction as envisioned in the bank’s 2002 Forest Strategy “have not yet been met”. The report is particularly critical...
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People, The Real Estate-Pragya Singh
-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights Defines “public purpose” too broadly, allows govt to acquire land for PPPs Less landowner consent required for PPPs than private-only projects The bill’s compensation norms likely to face strict challenges in the courts States have been given R&R powers but could lead to arbitrary outcomes Doesn’t consider govt projects where compensation, R&R are neglected *** The...
More »Varna Of Money-Uttam Sengupta
-Outlook Caste has nothing to do with graft. Even so, Nandy must be heard. Forging a link, however tenuous, between caste and corruption is akin to saying that the average Indian male has sex on his mind, caste and communalism in his heart and indigestion in his tummy. That was an irreverent response to the sweeping statement made by the “ageing enfant terrible” of Indian sociology, Ashis Nandy, during a discussion...
More »The great number fetish-Sankaran Krishna
-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...
More »Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
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