ISSN (Online) - 2349-8846

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Payment for Ecosystem Services

Paying farmers for ecosystem services that they provide could be a novel way to achieve multiple goals of doubling the farm incomes, reduce rural–urban migration, reduce pressure on urban infrastructure, and at the same time, incentivise sustainable agrarian practices in India.

Hidden Failure of 'Successful Institutions': Community Management of CPRs

Contrary to the neoclassical assumption that the freeriding behaviour of selfish utility-maximising individuals leads to under-provisioning of common pool resources, Elinor Ostrom empirically demonstrated that communities themselves devise institutions in order to organise collective action to "successfully" manage the cprs in a sustainable, efficient and equitable manner. This paper argues that there is a "hidden failure" even in those cases where community management is claimed to be "successful" within Ostrom's framework.

Damage Assessment and Compensation to Farmers

The verdict of the Loss of Ecology Authority (LEA) constituted to assess the pollution damage caused by tanneries in Tamil Nadu and determine the compensation to the victims of water pollution attracted popular criticism. This article provides academic criticism of the LEA's verdict highlighting how the body failed to incorporate the theoretical and methodological issues of damage assessment as such. The major conclusion is that unless the damage assessment exercise adheres to certain academic principles, the underlying objective of institutional intervention in issues relating to pollution and compensation will not be achieved adequately.
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