-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
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A law and its losers -TK Rajalakshmi
-Frontline The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of Corporate Governance by strengthening...
More »The trouble with hurried solutions -Chinmayi Arun
-The Hindu The World Conference on International Telecommunication showed that countries are not yet ready to arrive at a consensus on regulation and control of the Internet The World Conference on International Telecommunication (WCIT) that concluded on December 14 saw much heated debate. Some countries wanted to use the International Telecommunication Union (ITU) to gain intergovernmental control of the World Wide Web. Some saw it as an opportunity to democratise the Internet,...
More »Politicians corrupt, but few say won't pay bribes: survey -Abhijit Patnaik
-The Hindustan Times Arvind Kejriwal has resorted to publicly naming and shaming everyone from politicians to corporates, Anna Hazare has reignited the Jan Lokpal debates and scandals are being exposed with increasing frequency. The anti-corruption movement has gathered momentum in the last twelve months, and presumably, corrupt officials are running for shelter. Yet, according to a Hindustan Times survey, 41.2% of respondents feel that government officials are more prone to take a...
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