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The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy

Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...

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Prudence vs populism

-The Business Standard   By staying the state government’s hand on the return of the land acquired by the Tatas for their automobile project in Singur, the Supreme Court has injected some sense into the handling of the matter. The Mamata Banerjee government created an avoidable mess with its hasty decision to find a legislative way out of a difficult political situation. Even as the Calcutta High Court was hearing the...

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Not-so-smart institute by Samir Sachdeva

The National Institute for Smart Government (NISG) was established in May, 2002 with a vision to establish itself as a centre of excellence by leveraging private sector resources through the public-private partnership mode for the spread of e-governance. The national taskforce on IT and software development set up in 1998 first came up with the idea of establishing an institute in collaboration with Nasscom. Thereafter, a high-powered committee under the cabinet...

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Tactical retreat by Prafulla Das

The Orissa government suspends the land acquisition for the Posco project in the face of stiff opposition from the people. SIX years ago, when the South Korean steel giant Posco arrived in Orissa with the biggest ever foreign direct investment that had come the country's way, it was expected to help rid the economically backward State of its ‘poor' tag and bring prosperity. Posco had won the $12 billion deal at...

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Prices set for higher jumps by Gaurav Choudhury

The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...

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