-The Hindu Hyderabad: An anti-poverty project to transform the lives of ultra poor families has failed to make an impact and increase the net income of the targeted families in Medak district in the State at the end of four years. The project sponsored by the World Bank and the Ford Foundation was aimed at graduating 426 households from extreme poverty to a more stable state by enabling them establish micro-enterprises through...
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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »Inside Meghalaya’s black hole -Esha Roy
-The Indian Express Fifteen-year-old Altaf Hussain crouches effortlessly and heads into what looks like a black hole. Dragging a large wooden cart behind him, he disappears into the gaping darkness within seconds. After what seems like an endless wait but lasts just half an hour, he emerges from the hole with a cart laden with dark, glittering coal. The head of this group of 30 is Abu Kalam Mia. The 27-year-old ‘sardar’,...
More »Indian firms reap bitter harvest in Africa -Aman Sethi
-The Hindu Have Emami and Karuturi bitten off more than they can chew in their land quest? Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Documents related to one such transaction reveal how Emami Biotech, a subsidiary of the...
More »Maharashtra Govt Plans New Policy for Green Cover
-Outlook Mumbai: Maharashtra government plans to formulate a new social forestry policy which will be implemented in non-forest areas of the state to increase green cover. "In Maharashtra, the forest land is about 19 to 20 per cent, which comes under the Forest Department. The Social Forestry Department has decided to provide green cover to 80 per cent non-forest area and will elicit co-operation from the local self government bodies in this...
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