The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...
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Who is afraid of FDI in retail?
-The Times of India Given the debate that's raging over opening the retail sector to foreign direct investment, we bring you the government's view, the opposition's objections and TOI's take on the issue. Government argument * Huge investments in the retail sector will see gainful employment opportunities in agro-processing, sorting, marketing, logistics management and front-end retail. * At least 10 million jobs will be created in the next three years in the retail sector. *...
More »Kaun Banega Scorepati? by Jean Drèze
There is no typo in the title of this article, but the term “scorepati” is perhaps confusing. By way of explanation, let me introduce three acquaintances. Meena, age 50, lives in a two-room kaccha hut with her disabled husband Chhote Lal who studied up to Class 2. They own half an acre of unirrigated land and a goat. Meena is unable to take up any remunerated work as Chhote Lal needs...
More »WEF: Red Spider, Black Spider Redux by P Sainath
The audience, organisers, and fightersknow that sham wrestling is not to betaken seriously. But the World Economic Forum takes itself seriously. The comforting thing about the sham wrestling ‘championships' on television is that everybody knows they are a farce. Steroid-stuffed Cro-Magnons stomp the living daylights out of painkiller-primed Neanderthals. Good, unclean fun. The results are safely predictable. You should expect the 600-pound gorilla to overwhelm the 900-pound one in a staggering...
More »India Maoists 'spread to north-east states' by Amitabha Bhattasali
India's Maoists have spread north-east, gaining a foothold in the strategically located states bordering China and Burma, officials and analysts say. The Maoists are filling the void created by dwindling ethnic insurgent groups like the Ulfa, an Institute for Conflict Management (ICM) report says. One key Assam official told the BBC that boys thought to have gone south for jobs had instead joined the rebels. The Maoists have become squeezed in their traditional...
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