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...

-The Hindu   In any reasonable reckoning, the outcome of the 17th meeting of the Committee of Parties (COP) of the United Framework Convention on Climate Change at Durban was a triumph for European climate diplomacy, placing it firmly once again in the position of a global climate leader. In the run-up to Durban, Europe had offered to support a second commitment period for the Kyoto Protocol in exchange for a “road...

-Bloomberg Talks on EU climate policies may get new impetus after Denmark takes over the rotating presidency in January The European Union (EU) is set to resume talks early next year about moving to a stricter carbon goal after countries worldwide backed its plan to start work toward a climate treaty that will be enacted by 2020. Europe pledged on Sunday after the conclusion of a two-week United Nations (UN) climate summit in...

-IANS   An impassioned speech by Environment Minister Jayanthi Natarajan capped the finale of the UN climate summit that ended here early Sunday with a Durban Package, after she warned that India 'will never be intimidated by any threat or pressure'.   Natarajan's speech ensured that India's main concern - the inclusion of the concept of equity in the fight against climate change - became part of the package.   The package said all countries would...

After pushing for financing adaptation at the just-concluded United Nations climate talks at Durban, India is hitting every button for aid in executing its low-carbon growth plans. This despite India (and China) refusing to sign new climate agreements at the U.N. Framework Convention for Climate Change (UNFCCC)’s 17th conference of the parties (COP 17) in the South African city.  India, in fact, has a well-drawn out policy and action plan for climate...