Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
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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...
More »Just 10% beneficiaries of NREGA are poor, if you believe statistics by Devika Banerji
An inconvenient truth? Or yet another case of shoddy data collection by state agencies? The government is scrambling to prove that it is the latter, after data on the UPA's flagship poverty alleviation programme shows that it may not be reaching its intended beneficiaries, those classified in official-speak as below the poverty line (BPL). A recent note circulated to all state departments by the rural development ministry revealed that only...
More »We must view farmers as ‘agri-preneurs', says President by Gargi Parsai
Recognising the impact of schemes such as the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), President Pratibha Patil on Thursday called for their further utilisation in the agriculture sector in the emerging scenario of “farm labour shortage and food security.” The President's comments are significant in the context of Union Agriculture Minister Sharad Pawar's recent letter to Prime Minister Manmohan Singh urging him to suspend the MGNREGS during crop harvesting...
More »CIC Shailesh Gandhi interviewed by Shonali Ghosal
Is the shortage of information commissioners responsible for killing RTI? That’s not the only thing responsible. The bigger issue is that commissioners need to dispose of far more cases than they have been. Three years ago, they were disposing of not more than 2,000-2,500 cases in a year. Even now, there are lots who do not manage even 1,000 per year. If we continue like this, then no number of commissioners...
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