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India’s two-speed demography -Prachi Priya & Anuj Agarwal

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...

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PMO signal on forest diversion -Basant Kumar Mohanty

-The Telegraph New Delhi: The PMO appears to be backing the forest ministry's decision to allow diversion of forestland for linear projects in certain areas without seeking the gram sabha's approval, despite objections raised by the tribal affairs ministry. Although the tribal affairs ministry has strongly protested against the forest ministry's notification of October 28, 2014, on the ground that it violated the Forests Rights Act (FRA), its effort to issue a...

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When amendment amounts to nullification -Ramaswamy R Iyer

-The Hindu Given industry concerns and the desire to accelerate industrialisation, the government could have reopened the debate on the land act. Instead, it has wholly accepted one perception of the conflict, and sought to undo the compromise embodied in the 2013 Act without a review This article will not go into the question of the propriety of the ordinance route to legislation in this case, but will try to present a...

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Running on fumes -Paranjoy Guha Thakurta

-The Asian Age The sharp and sudden collapse of international prices of crude oil brings significant short-term gains for the Indian economy. However, in the medium and long run, the fall in oil prices has ramifications that are far from positive for this country. The windfall gains that have accrued will provide temporary relief for finance minister Arun Jaitley and will enable him to meet the fiscal deficit target in the...

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No norms yet to keep land acquisition to bare minimum -Anumeha Yadav

-The Hindu The recent ordinance amending the Land Acquisition Act has exempted several categories of projects from the requirements of owners' consent and social impact assessment before acquiring land. Officials, however, say norms are yet to be worked out to ensure that only the bare minimum of the land required is acquired. The Act excluded private hospitals, educational institutions and hotels from the category of infrastructure projects. Under the ordinance, public-private projects...

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