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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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State, private property and the Supreme Court -Namita Wahi

-Frontline Reinstatement of the fundamental right to property in the Constitution will on its own do little to protect the interests of poor peasants and traditional communities.  The Indian Constitution adopted in 1950 guaranteed a set of fundamental rights that cannot be abridged by Central or State laws. One of these fundamental rights was the right to property enshrined in Articles 19(1)(f) and 31. Article 19(1)(f) guaranteed to all citizens the right...

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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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Dr Anand Teltumbde, Dalit intellectual, thinker and human rights activist interviewed by Prasanna D Zore

-Rediff.com On July 14, the Nagpur bench of the Bombay high court commuted the death sentence awarded to six convicts in the Khairlanji murder case to 25 years' rigorous imprisonment. On September 29, 2006, a mob brutally raped a mother and daughter before killing them along with her two sons. Surekha Bhotmange (then 42), Priyanka Bhotmange (17), Roshan Bhotmange (19) and Sudhir Bhotmange (21) belonged to one of the three Dalit families...

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Rio+20 People's summit gathers pace-Jonathan Watts

-The Guardian  The counter conference is designed to foster alternative ideas and provide an outlet for discontent They come with speeches, placards, power point presentations and drums. Some with body paint and bows and arrows. Others with suits and business plans. Almost all driven by a desire for radical change. "Come re-invent the world" is the call to the People's summit, which has opened in Rio de Janeiro to counter what many participants...

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