-Al Jazeera Widening wealth gap in Beijing has stoked concerns over its impact on political and social stability. The Chinese government has issued a pledge to narrow the widening income gap between rich and poor, which includes raising its minimum wage and requiring state companies to turn over more profits to pay for social programmes. The pledge on Tuesday promised more spending on health, education and job training but gave few details and...
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Of FDI, Wal-Mart & controversies: An eventful year for retail
-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
More »Rs 1.71 Cr Spent on Delhi Ministers, MLAs' Foreign Tours
-Outlook Nearly Rs 1.71 crore have been spent on foreign visits of Delhi Chief Minister Sheila Dikshit, her cabinet colleagues and members of the Assembly in the past nine years. According to an RTI reply, Dikshit, her ministers and MLAs undertook around 57 foreign visits including to the US, the UK, Spain, Thailand, Indonesia, Japan, Germany and Switzerland and an amount of Rs 1.71 crore was spent between 2004 and October 2012. As...
More »Delhi’s Disappearing Night Sky -Malavika Vyawahare
-The New York Times blog You could be pardoned for thinking that light pollution is someone’s idea of a Diwali joke. With concerns about rising air pollution hanging over India’s capital like the thick blanket of smog that appeared a few weeks ago and activists against noise pollution jostling to be heard over the burst of holiday firecrackers, the relatively benign problem of light pollution may not seem too important. But astronomers in...
More »Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya
-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...
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