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Ethics & economics

-The Indian Express   There was a bitter argument over the provisional poverty line put out by the Planning Commission in an affidavit to the Supreme Court, which drew the line at Rs 32 per capita per day in urban areas and Rs 26 per person in rural areas. The Planning Commission has now “clarified” its position. While the Tendulkar Committee line will remain a point of reference, various welfare entitlements will...

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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...

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Subsidising through prices: A bad idea by Bibek Debroy

The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by the government, sentiments associated with those who are against state intervention, but increasingly felt by the so-called middle class - however defined - because of price hikes, and proposed price hikes, for petroleum products. Ostensibly, price...

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No TDS on compensation for farmland, clarifies government by Devika Banerji & Deepshikha Sikarwar

Farmers will not have to cough up any tax upfront on the compensation money they receive for their land acquired by the government. The rural development ministry has clarified after complaints that in absence of clear rules the harshest provisions were being imposed. "We have issued orders that all compensation money for agricultural land acquisitions in both urban and rural areas should be made without any deductions," said an official in...

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‘Cash Grants Must Back Food Access’ by Keya Acharya

Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers. A paper on food security brought out by the UNDP’s Brasilia-based International Policy Centre for Inclusive Growth (IPC-IG), under the Forum, shows that despite the great strides in food production made by India people in this country are just not eating enough. Citing indices...

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