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...

-BBC   Authorities in the Indian state of Madhya Pradesh have been criticised for letting off lightly 12 doctors who conducted drug trials on children and patients with learning disabilities. The doctors were fined 5,000 rupees ($94; £60) each for failing to inform the authorities about the tests. Activists and opposition parties said the fine was a "joke" and called for an investigation by the federal police. The trials of the drug to treat sexual...

While some may view the food security Bill as the instrument of combating poverty, this distinction belongs to the National Rural Employment Guarantee Scheme, the flagship anti-poverty programme of the United Progressive Alliance government. The proponents of the food security Bill at the National Advisory Council have promoted it as the instrument of fighting widespread and rising hunger, instead. But what is the empirical basis of the claims of widespread and...

If we get it right, the Food Security Bill carries the potential to alter the destinies of millions of India's Poor and disadvantaged people, by assuring them as a legal right sufficient food to live with dignity. It was approved by the Cabinet after over two years of intense, sometimes fractious debate. Opinion in the Cabinet itself was reportedly divided around the proposed law. Gaping divisions persist, even as the...

Most of the respondents in Uttar Pradesh, Himachal Pradesh and Kerala prefer an effective PDS to cash transfer. THE survey of the public distribution system (PDS) in nine States, of which I was a part in Himachal Pradesh (Sirmaur district), Uttar Pradesh (Jaunpur district) and Kerala (Wayanad district), came as an eye-opener to me on many counts. If Himachal Pradesh stood out for the innocence of its people, Uttar Pradesh...