It’s been often asked why our officialdom, with all the intellectual capital at its command, is unable to quantify the number of the really poor in India. Is this such a difficult thing to do? It is all the more baffling because in recent times, the debate on India’s poverty has only further confounded ordinary citizens. The Planning Commission had come up with an assumed deprivation ratio of 27.5 per...

Under ideal conditions, grain storage options in India are built up from the buffer stock strategies. These, in turn, are derived from fluctuations in grain output and the need to ride through, say, two bad years. To the needs of the required buffer are added the demands from operational requirements and those of grains in transit. Once upon a time, there used to be controversies concerning why should we separately account...

KEY TRENDS   • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...

Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

A Hamburg-based lab, Eurofins, has alleged high levels of pesticide residue in Indian rice, basmati and non basmati. This is likely to start a long-drawn legal battle and for the time being jeopardise around $300m in basmati exports alone to Europe. The first batch of legal correspondence from the grain traders, a precedent to formal legal action, will be exchanged with the Hamburg-based private testing firm, Eurofins and Dr Speck...