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The political economy cycle in India-Pramit Bhattacharya

-Live Mint     As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...

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Industry ministry secy for rejig of land acquisition law-Nayanima Basu

-The Business Standard   It is not pro-farmer, provides for too many committees and too many approvals, says Amitabh Kant The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act. "The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many...

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Climate change pill: pool cars, eat local and save energy -GS Mudur

-The Telegraph   New Delhi: An international panel today warned that the world hadn't done enough to curb greenhouse gas emissions but said that changes in lifestyles and energy technologies could yet help avert the most devastating impacts of global warming. The Intergovernmental Panel on Climate Change (IPCC), in a report released in Berlin, said greenhouse gas emissions had climbed to unprecedented levels over the past decade despite emission-curbing policies and actions by...

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The bane of unprofessional warehouses-Dilip Kumar Jha

-The Business Standard There is an urgent need to develop a strong warehousing system equipped with modern and scientific storage facilities Mumbai: Around 30% of India's foodgrains harvest gets wasted because it is unprofessionally managed in the warehouse, a joint study conducted by The Associated Chambersof Commerce and Industry of India (Assocham) and Yes Bank, said.Owing to extreme dearthof about 35 million tonnes (MT) warehousing capacity together with massive foodgrain storage shortfall...

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Sustaining farm sector growth amid fall in water availability -Kunal Bose

-The Business Standard   Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks...

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