-The Times of India   An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

The revised blueprint for land acquisition envisages government retaining its facilitator role Contentious Issues     * Protests are often against land acquisition per se, regardless of compensation     * Most protests are against private builders acquiring land, changing land use. New norms don’t tackle this.     * Poor government track record in R&R does not inspire much confidence; merged bills won’t work for rehabilitation after natural calamities, etc     * Can the government, which...

-The Indian Express   Much hope surrounds India’s land acquisition bill, which is to be introduced into Parliament soon. Given how questions about pricing and purchasing agricultural land have begun to affect, and in some cases warp, politics all over India, much depends on getting the institutional framework right. It is necessary to ensure that the land-use change that accompanies this urbanisation be carried out fairly, efficiently and effectively. It has...

-News One   Though India’s social sector spending is higher than many other developing countries, one of its flagship welfare programs — the public distribution system (PDS) — is fraught with leakages, a World Bank report said Wednesday. The PDS scheme, which consumes around one percent of the country’s gross domestic product (GDP) and covers upto 25 percent of the poor households, has had limited success, as only 41 percent of the...