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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....

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Managed care -TK Rajalakshmi

-Frontline Health activists say the health chapter of the Twelfth Plan document exaggerates the role of the private sector in providing health care. The draft chapter on health for the Twelfth Five Year Plan document not only is grossly inadequate in its approach but exaggerates to unrealistic levels the role of the private sector in providing health care. It invokes the concept of universal health care (UHC), but, critics say, it...

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Resurgent agricultural sector to have larger share in economy-Vinay Pandey

-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...

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Farmers prefer to sow rice, sugar cane-Ruchira Singh

-Live Mint Notwithstanding the drought, farmers have preferred to sow sugar cane and rice instead of opting for less water-intensive crops such as coarse grains and pulses. The latest sowing data released by the agriculture ministry as of 16 August shows that area under coarse cereals and pulses is down 13% and 12.39%, respectively, from last year, while that for rice and sugar cane contracted only 3.57% and 4.53%, respectively. In the process,...

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The bottom line

-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...

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