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Sick Chickens Come Home to Roost -Nidhi Nath Srinivas

-The Economic Times What are the chances that a chicken infected with bird flu will land on your plate? Zero. What are the chances that a bird flu infection will increase the price you pay for chicken and eggs? 100%. A virulent and deadly infection called avian influenza or bird flu is present in our country. The virus usually affects wild fowl which then infect chickens. The virus can survive for...

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FDI in retail? say a big NO -Anupam Bhargava

-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Bihar govt devises policy to encourage use of solar energy

-PTI PATNA: Suffering huge power shortage, the Bihar government has devised a policy to encourage the use of solar energy in the state that would provide tax incentives for installing such plants on wastelands. The state government has done a survey which revealed that there is a tremendous scope for development of solar energy, energy minister Bijendra Prasad Yadav said. Accordingly, the state government has devised a solar energy promotion policy to popularise...

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