Frequent and unrelenting protests against land acquisition seem to have compelled political parties to take the issue seriously. The Centre has promised to introduce a redrafted land acquisition Bill during the winter session of Parliament. As per official pronouncements, the Bill will provide for higher compensation to the affected parties. Besides, acquisition for private companies will be restricted to less than 30% of the total land required for the project. However,...

Unique features of the public wage programme turn it into a magnet for women More women than men work under the national programme that guarantees employment to rural people. In the current fiscal till October, women availed of more than 50 per cent of employment created under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Their participation has been growing since the inception of the Act in 2006. This is...

Time magazine picked him as one of 100 people shaping our world. Today, he’s held responsible for bringing an exciting, inspirational business into disrepute. Oh, and his wife says he beat her and snatched their son. There could not be a more controversial torchbearer than Vikram Akula for an industry as quintessentially Indian as microfinance, the business of providing the poor with loans, as small as R5,000, secured not with...

The Orissa High Court on Tuesday quashed all the land acquisition procedures for the Vedanta University that was proposed to be established on a sprawling 8,000 acres near the Konark-Puri marine drive. Terming the State government's notifications made to acquire and award the land in favour of the Anil Agarwal Foundation (AAF) for the proposed varsity as ‘illegal' and ‘bad in the eye of law,' a Division Bench of the court...

Some people feel agriculture in India provides employment much beyond its capacity — that is, the number of people working on the farm is many times the actual requirement. Prime Minister Manmohan Singh is among the proponents of this view. In his interaction with a group of editors last month, Singh said, “The only way we can raise our heads above poverty is for more people to be taken out of...