Archive for November 27th, 2012

FDI (Farmers Direct Investment) in development of Magarpatta City

November 27, 2012

This is an amazing paper/case study by Prof. Amit Gupta, Sucheta Dalal, Debashis Basu and Amita Joseph.

Someone asked me what FDI means given all the furore over the  FDI in retail issue. This paper shows FDI could have a very different meaning as in the paper it stands for Farmers Direct Investment. If we could have more such FDI schemes, there might be more support than the usually understood FDI or Foreign direct investment.

So in this case we have India’s farmers who built a township named — Magarpatta City — on their land holdings. The township is in Pune and succeeded despite many apprehensions over farmers taking up the project:

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Why Can’t India Feed Its People?

November 27, 2012

A stirring (and  disturbing) piece by  of Business Week. He relates his experiences living in a small village (Auar in UP) where his ancestral family once lived.

It is not as if things have not changed in his village. They have but things like hunger, lack of sanitation & water etc still remain a huge challenge. So people may not be hungry but nutrition is an issue:

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Shahjahan, Taj and rent-seeking..

November 27, 2012

John Kay has this super post linking all these things together.

On a visit to Taj he asked economics questions (well that is somethign for sure..how can one ask qs on economic related issues at Taj?). Apparently Shah Jahan regime was about rent-seeking:

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