The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

It began as an expose: the story of how Chhattisgarh Chief Minister Raman Singh’s relatives allegedly received illegal mining contracts in Madhya Pradesh. Then, a tale of arm-twisting: government officials forced cable operators to pull out the news channel, Etv MP, that aired the story. Now, the story has a twist: Allegations of a failed “paid-news” deal. Officials claim that the channel carried the report—which Singh claims is baseless—after the government...

Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

The Union minister for communications and information technology, Kapil Sibal, is a knowledgeable lawyer, and someone who is reportedly committed to the freedom of speech. He would not lightly propose regulations that contravene Article 19(1)(a) (freedom of speech and expression) of our Constitution. So how is one to explain his recent proposals on controlling online speech? Or even the immoderate IT Rules that have been in force since April? This controversy...

-PTI   The United Nations has warned that the world is on the brink of another recession, projecting that global economic growth will slow down further in 2012 and even emerging powerhouses like India and China, which led the recovery last time, will get bogged down.  The UN 'World Economic Situation and Prospects 2012' report has cut the global growth forecast for next year to 2.6 per cent from 4 per cent in...