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...

When noted economist Jean Dreze visited Surguja in Chhattisgarh a decade ago, its utterly non-functional Public Distribution System (PDS) looked like especially “designed to fail.” The National Advisory Committee member has written in a recent article that the ration shop owners illegally sold the grain meant for the poor and “hunger haunted the land.” But that was then. The economist was pleasantly shocked to see the transformation this time. “Ten years...

Sarpanches in Rajasthan on an agitation against the social audit in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), clashed with police here on Wednesday. When the agitators hurled stones and tried to march towards the State Assembly premises, police used water cannon and then resorted to lathi-charge. At least one sarpanch, who fell down while trying to escape lathi blows, sustained injuries and was admitted to hospital. About half...

Major foodgrains producing states have been the worst hit by rising prices, thanks to the Centre’s decision to pay more to farmers for their produce. Although inflation, as measured by the consumer price index (CPI), has been in double digits for nearly six months, there are several states where CPI in the rural region has been around 20%. A look at state-wise consumer price index numbers shows that pre-dominantly agri-based...

The Unique Identification Authority of India (UIDAI)’s ambitious plan of issuing a unique biometric-enabled number, innocuously called ‘aadhaar’, to every Indian resident has finally begun to generate a debate on citizen-State relations, privacy, financial implications, and operational practicalities. What the debate has largely missed so far, however, is the credibility of the UIDAI’s claims in the field of social policy, particularly the National Rural Employment Guarantee Act (NREGA) and Public Distribution...