India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...

In a volte-face, social activist Anna Hazare, whose praise for Gujarat Chief Minister Narendra Modi had invited displeasure from his own supporters, on Thursday described the State as a “land of scams” where despite prohibition “more liquor flows than milk.” Mr. Hazare, who, along with fellow activists Swami Agnivesh and Arvind Kejriwal, was on a day's visit to the State for an “interaction” with the people to take inputs for the...

-The Indian Express   With Trinamool Congress chief Mamata Banerjee resigning from the Union Cabinet to take over as the Chief Minister of West Bengal, the Sonia Gandhi-led National Advisory Council (NAC) today completely sidelined her objections against government role in land acquisition — even for private industry. “The government will be acquiring 100 per cent of the land for public purpose by offering very good compensation to landowners. If the public purpose...

The agriculture ministry has decided to drastically reduce the number of central schemes after it found that most of its schemes, barring a few like the Rashtriya Krishi Vikas Yojna (RKVY), have become redundant. The farm ministry thinks only 10 of the 51 existing schemes should be sufficient to take care of the sector. The total outlay for agriculture schemes is 15,034 crore. "It is true that many of our 51 schemes...