-The Times of India After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms. After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...
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Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray
An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...
More »Auditor may have taken PAC’s cue by Appu Esthose Suresh
Exact math used by the government’s auditor in its calculation of losses and the process it followed still unclear The Comptroller and Auditor General of India (CAG) may have taken a cue from the Public Accounts Committee (PAC) while calculating losses arising from the improper allocation of second-generation spectrum to telecom companies in 2008 (or the so-called 2G scam), according to documents reviewed by Mint. This is not to suggest that the...
More »In Malegaon, A Long Wait by Smita Nair
Accused No 1 Noor-ul-Huda, 26 Labourer, Arrested on October 22, 2006 A month after the Malegaon blasts in September 2006, two policemen walked up to the house of Noor-ul-Huda at Jaffer Nagar on a Ramzan evening. They took Noor with them, telling his father they would send him back in 10 minutes. “Five years have passed. How long is their 10 minutes?” asks Noor’s father Shumshuz Zoha. This wasn’t the first time Noor...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
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