-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
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Serving up a better alternative for mother and child -Poongothai Aladi Aruna
-The Hindu The U.S. special supplement scheme for women, infants and children to prevent undernutrition is a model that India can learn from India’s economic growth over the last 15 years, and the growing size of the middle class, have become a source of attraction for international investors, especially in the retail food industry. However, the gap between the rich and the poor has only widened: nearly 40 per cent of the...
More »FDI in retail: Government agrees to a vote; Kamal Nath to meet Arun Jaitley, Sushma Swaraj today -Mala Das
-NDTV Officially, the UPA says it will abide by the Lok Sabha Speaker's decision on whether or not a discussion in the House on foreign direct investment in multi-brand retail will be followed by a vote. It seems, however, to be preparing for that vote and Parliamentary Affairs Minister Kamal Nath will meet the BJP's Sushma Swaraj and Arun Jaitley today to discuss modalities. The Manmohan Singh government had so far...
More »Bihar govt devises policy to encourage use of solar energy
-PTI PATNA: Suffering huge power shortage, the Bihar government has devised a policy to encourage the use of solar energy in the state that would provide tax incentives for installing such plants on wastelands. The state government has done a survey which revealed that there is a tremendous scope for development of solar energy, energy minister Bijendra Prasad Yadav said. Accordingly, the state government has devised a solar energy Promotion policy to popularise...
More »Ache over pill prices
-The Telegraph The Union cabinet today approved a controversial drug pricing policy that had been opposed by the health ministry, the finance ministry and public health policy experts who fear it will legitimise high prices of medicines. A government source said the cabinet has cleared the drug pricing policy that health experts suspect will determine caps on prices of 348 drugs through a formula based on market prices of drugs rather than...
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