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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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Land unrest set to increase in India: study-Kumar Sambhav S

-Down to Earth Enforcement and strengthening of laws that protect land rights of tribals and forest dwellers recommended Disputes over land rights, which have turned violent in recent years with communities taking on authorities, are set to rise India. Land requirement for industrial projects in India are set to be triple in the next 15 years, and with this conflicts over land acquisition are going to increase, according to a new study. Currently,...

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Millers’ market-Lyla Bavadam

-Frontline Maharashtra’s sugarcane farmers are a worried lot as the State government backs out from the sugar pricing process.  Sangli & Kolhapur: KOLHAPUR and Sangli districts in Maharashtra form the heartland of Indian sugar industry. This time of year is generally the busiest, with itinerant labourers cutting sugarcane and loading it on to tractors that roar off to the more than 20 sugar factories in the two districts. In November and December,...

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Mines of concern -S Dorairaj

-Frontline Farmers protest against the Central clearance for coal bed methane exploration in Mannargudi, Tamil Nadu, as they fear it will devastate agriculture in Tiruvarur and Thanjavur districts.  THE woes of the delta farmers of Tamil Nadu are far from over. While the Cauvery tangle continues unresolved, they fear the proposed multi-crore project for commercial exploration and exploitation of coal bed methane (CBM) in the Mannargudi block of Tiruvarur district will prove...

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Myths of our making-Pratap Bhanu Mehta

-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...

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