-The Hindustan Times A bill that seeks to strike a balance between economic Growth and issues such as natural resources and livelihood of local residents was referred to a group of ministers (GoM) by the cabinet on Tuesday. The decision of the cabinet meant that the bill — titled The Right to Fair Compensation, Resettlement, Rehabilitation and Transparency in Land Acquisition Bill (previously known as the Land Acquisition, Rehabilitation and Resettlement...
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Defending the indefensible -Arun Jaitley
-The Hindu The parliamentary stalemate continues on one of the greatest corruption scandals in Indian history. Allocation of natural resources has been a subject matter of public debate in the last two decades, particularly with the entry of the private sector in infrastructure development. Minerals are an important natural resource. The private sector has a great role to play in development of mineral-based industries. However, the policy of allocation of these...
More »‘Opposition-ruled States opposed competitive bidding’
-The Hindu “I seek the indulgence of the House… 3. …I want to assure Hon’ble Members that as the Minister in charge [for a part of the time covered by the report], I take full responsibility for the decisions of the Ministry. I wish to say that any allegations of impropriety are without basis and unsupported by the facts. 10. The observations of the CAG are clearly disputable. 11. The policy of allocation of...
More »Diesel subsidies benefit the haves more than have-nots -Ramkrishna Kashelkar
-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...
More »A richer approach to poverty reduction -Shailaja Fennel
-The Hindu Business Line India can learn from Brazil’s Bolsa Familia and China’s Gansu Programme to make refinements to its MGNREGA scheme. The development experiences of Brazil, China and India provide a valuable opportunity to understand the relationship between Growth and distribution over periods of high rates of Growth. The Growth story playing out in all the three emerging economies have resulted in large regional as well as spatial inequalities, between rural and...
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