Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...
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In action-packed 2011, Supreme Court cleared over 79,000 cases by J Venkatesan
The year 2011 saw the highest number of cases disposed of in recent years, with more than 79,000 cases cleared under the leadership of Chief Justice of India S.H. Kapadia. In his Law Day address, Justice Kapadia rejected the allegation made in certain quarters about the huge pendency of cases and said: “There is a backlog of cases. However, it is not as big as is sought to be projected.” Seventy-four...
More »FDI low in education, finger at bar on profit by Basant Kumar Mohanty
Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
More »Top judge sets example for babus by Prafulla Marpakwar
Justice B H Marlapalle, one of the most outspoken and distinguished judges of the Bombay high court, has set a new benchmark not only for members of the judiciary but even for high-ranking bureaucrats. A day after retirement, he vacated his official quarters and surrendered his vehicle too. As per the norms, a judge can retain his official accommodation and vehicle for three months after retirement. During his career spanning over...
More »Judicial lessons for states by Shyamal Majumdar
In 2004, a boy was crushed to death by a vehicle when he was crossing the road in front of a school to fetch water. The school, in the heart of the nation’s capital, did not have drinking water facilities. Seven years later, courtesy the NGO Environmental and Consumer Protection Foundation and the Supreme Court, all Indian states (the last two being Uttar Pradesh and Jammu and Kashmir) have given...
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