-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
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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....
More »At Kudankulam’s core is fear, ignorance and anger -Meera Srinivasan
-The Hindu To many in Idinthakarai, the village that sits cheek by jowl with the nuclear plant, the entire idea is a betrayal. Others see brighter prospects. As the reactor prepares to go critical, Meera Srinivasan assesses the mood in the project area. Seated at the entrance to her tiny home, R. Pramasakthi is busy rolling beedis. “What? Interview? We don’t need the nuclear plant,” she barked. Asked why, the 35-year-old mother of...
More »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...
More »"Delhi Govt. displacing slum dwellers mindlessly"-Gaurav Vivek Bhatnagar
-The Hindu Activists question change of policy for rehabilitation; want cut-off date of March 2007 adhered to strictly Holding the Delhi Government squarely responsible for following a policy of large-scale displacement of slum dwellers without adequate norms for providing rehabilitation to all of them, activists working for the rights of slum dwellers have demanded that the cut-off date of March 31, 2007, be followed strictly to ensure that no one is discriminated...
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