The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...
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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...
More »The fax-email democratic republic -Garga Chatterjee
-DNA The notice has been served to ‘the people’. The Justice Verma Committee, set up to review the present criminal laws relating to safety and security with an eye to amend them, has asked ‘all members of the public’ among others to respond with ideas, knowledge and experience, to assist the committee in reaching its objective. The notice has been published in many newspapers. This mode of public consultation is not new....
More »The trouble with hurried solutions -Chinmayi Arun
-The Hindu The World Conference on International Telecommunication showed that countries are not yet ready to arrive at a consensus on regulation and control of the Internet The World Conference on International Telecommunication (WCIT) that concluded on December 14 saw much heated debate. Some countries wanted to use the International Telecommunication Union (ITU) to gain intergovernmental control of the World Wide Web. Some saw it as an opportunity to democratise the Internet,...
More »90 nations sign Net treaty amid split
—AP Envoys from nearly 90 nations signed on Friday the first new U.N. telecommunications treaty since the Internet age, but the U.S. and other Western nations refused to join after claiming it endorses greater government control over cyberspace. The head of the U.N. telecoms group pushed back against U.S. assertions, defending the accord as necessary to help expand online services to poorer nations and add more voices to shape the direction of...
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