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Arvind Panagariya at Niti Aayog reveals Modi govt's disdain for public sector -G Pramod Kumar

-FirstPost.com   Arvind Panagariya. The man is the message. When the 65 year old planning commission makes way for a putatively leaner NITI Aayog, the expectation is that it will change the era of centralised and top-down planning to a decentralised and participatory process. As expected, apart from the Congress ruled states, the move didn't face any noteworthy resistance. The Tamil Nadu government appeared to even rejoice its demise. However, what even the critics...

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Govt's land law revives lost order of sarkar raj -Nitin Sethi

-Business Standard The ordinance has returned near absolute power of discretion in land acquisition, except in tribal areas, into the hands of the bureaucracy yet again Even after the National Democratic Alliance's land ordinance, governments will still need the consent of tribal gram sabhas in all Schedule V and VI areas of the country before acquiring land for themselves or for public-private projects. While the land ordinance has done away with the need...

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Rural wage growth lowest in 10 years, signals farm distress, falling inflation -Harish Damodaran & Surabhi

-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...

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Improving an unworkable law -Sanjoy Chakravorty

-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...

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Odisha to bring agri resource allocation plan this fiscal -Sadananda Mohapatra

-Business Standard The plan will ensure effective distribution of resources from various schemes Bhubaneswar (Odisha): The agricultural directorate will prepare a resource allocation plan by end of March 2015, after consulting Odisha University of Agriculture and Technology (OUAT) and district planning committees. The aim of the plan will be to identify needs to develop farm products yield in each district such as planning to invest in soil preparation, crop diversification or irrigation...

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