-The Hindu Jagdish Bhagwati's attacks on Amartya Sen are based on a series of misattributions and obscure the real issues on which the two economists differ Rich and lively public debates are the raison d'être of any democracy. But the recent attacks by Professor Jagdish Bhagwati on Dr. Amartya Sen confound the real issues on which Sen and Bhagwati differ. Bhagwati tries to position himself as a proponent of growth that would benefit...
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Environment ministry slaps Rs 200 crore fine on Adani group
-The Economic Times NEW DELHI: The environment ministry has slapped a Rs 200-crore fine on the Adani Group's Mundra Port and Special Economic Zone for damaging mangroves, creeks and the local environment at the project site. The company's shares fell 6.4%. The penalty was recommended by a committee headed by Sunita Narain, director general of Centre for Science and Environment, set up by the environment ministry. The report was submitted to environment...
More »Land Acquisition Bill gets a green signal from Rajya Sabha
-The Indian Express Rajya Sabha on Wednesday passed the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013. The proposed law, which will replace the Land Acquisition Act, 1894 that suffers from various shortcomings, including silence on the issue of resettlement and rehabilitation of those displaced, stipulates mandatory consent of at least 70 per cent of landowners for acquiring land for Public Private Partnership (PPP) projects...
More »Bengal threat to pension bill
-The Telegraph New Delhi: The Left and the Trinamul Congress have both promised to oppose the passage of the pension reform bill that the government plans to push with the BJP's support. The Pension Fund Regulatory and Development Authority (PFRDA) bill was listed for passage in the Lok Sabha today but was stalled because of protests over various issues. One of them was the fuel price hike, which found Trinamul and the...
More »Correct costs of the Food Security Bill-Bharat Ramaswami, Milind Murugkar and Ashok Kotwal
-The Financial Express Food Security Bill will raise the subsidy burden by 18%. The debate should be about the rise in costs of households due to leakages in PDS and price hike of other nutritious food items, and how these costs can be minimised by DBT In a recent article, Surjit Bhalla ("Manmonia's FSB: 3% of GDP", July 6, Financial Express-http://goo.gl/qoIbd3) has asserted that the Food Security Bill will cost 3% of...
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