-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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Ponty, buses and PPPs-Sunita Narain
-The Business Standard Since cities have little money to cover operational costs of running buses, they do not invest in new buses or modern infra Liquor baron Ponty Chadha and his brother – both died recently in a fratricide – had another business that is not widely known. They had acquired the concession to run public transport buses in Delhi — three clusters with a combined fleet of 600-odd vehicles. Even before...
More »'Majority of working women in India feel unsafe after dark'
-PTI Majority of women surveyed by Assocham said they feel unsafe, especially during night shifts, in all major economic hubs across the country. Most of them are employed in sectors like BPO/ITeS, hospitality, civil aviation and nursing homes, it said. "About 92 per cent of working women feel insecure, especially during night in all major hubs of economic activities across the country especially in key segments such as BPO/ITeS, hospitality, civil aviation...
More »Government wins FDI battle, says reforms on track
-IANS The UPA government on Friday dealt a major blow to the opposition in the Rajya Sabha by winning a vote on FDI in retail by 14 votes and declared that there was no stopping India's reform process. In contrast to speculation that the government may lose the vote in the upper house, the victory proved pretty easy as the Samajwadi Party (SP) trooped out — like in the Lok Sabha on...
More »Tatas, farmers script a success story in Singur neighbourhood-Arshad Ali
-The Indian Express Rupnarayanpur: Located nearly 130 km from Singur, the Tatas claim to have scripted a success story in Rupnarayanpur. While the Singur factory continues to be at the centre of a controversy, the Tata-Hitachi JV here on a 250 acre land acquired from farmers is setting milestones. The Tatas ventured into this project almost the same time as that in Singur. The company commenced production in 2009. It has a...
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