-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...
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Middle class poised to play greater role in 2014 elections: Zoya Hassan
-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...
More »Food waste harms climate, water, land and biodiversity–new FAO report
-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...
More »Gujarat: Sifting fact from fiction -Yoginder K Alagh
-Live Mint Gujarat has grown faster than the national average—a point worth noting. But there’s no need for drumbeats Gujarat's economic performance has been facing great scrutiny ever since chief minister Narendra Modi emerged as one of the top prime ministerial candidates of the Bharatiya Janata Party (BJP). I have been asked to compare Gujarat's economic performance during the past decade with that in the past and separate fact from fiction...
More »Recipe for disaster in Uttarakhand: 1 crore population, 2.5 crore tourists -Subodh Varma
-The Times of India NEW DELHI: Are you surprised by the staggering number of people, many from across India, who are stranded in calamity-stricken Uttarakhand? The reason is quite simple: in a state with a total population of just over 1 crore, the number of tourists visiting it is 2.5 crore, both figures being for 2011. And most of these tourists visit the mountain state in summer. Put this together with the...
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