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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh

The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

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RAW gets power to tap phones, track emails

-The Times of India   Bringing India's external intelligence agency, Research and Analysis Wing (RAW), at par with international spy agencies in terms of arming it with legal snooping powers, the government recently notified it as one of the eight agencies to intercept phone calls, emails and voice and data communications 'domestically'. The other agencies in the list are Intelligence Bureau, Directorate of Revenue Intelligence, Enforcement Directorate, Narcotics Control Bureau, Central Bureau of...

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Food Insecurity Bill by Pratap Bhanu Mehta

The government believes it is more important to be seen to be doing things than to be doing them well. The proposed food security legislation is another example of this tendency. The legislation exemplifies the self-defeating obduracy of bureaucratic modes of thinking. But the debate around it also exemplifies a failure of intellectual argument in India. Our debates often have this character. First, we spend a lot more time arguing...

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Credit disbursements to dalit entrepreneurs drops 33.8% this fiscal by Divya Rajagopal

Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business.  Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month.  Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...

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11 acquitted in Jaipur blasts case

-The Hindu   A Fast Track Sessions Court here on Friday acquitted 11 of the 14 persons arrested from Kota, Baran and Jodhpur in the aftermath of the May 2008 Jaipur serial blasts. The court did not find any evidence that could connect the accused with the alleged crime. The Anti-Terrorism Squad of Rajasthan police had claimed that all the accused, who it said were members of the banned Students Islamic Movement of...

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