-The Economic Times Rapid urbanisation of villages and expansion of urban areas pose a more pressing challenge to Indian policymakers and administrators than migration of people from rural areas to the cities, a new report has said. "A commonly held perception is that explosive rural to urban migration is the primary cause for the state of India's cities. This is not borne out by evidence," says 'Urban India 2011- Evidence', released by...
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FDI in retail: Opposition to corner govt in Parliament
-PTI In a rare show of unity, a combined Opposition will seek to corner the UPA government in Parliament on Monday on its decision to allow FDI in retail. A clear indication to this effect was given today by the Leader of Opposition in Lok SabhaSushma Swaraj who said BJP leader Murli Manohar Joshi has submitted a notice ofadjournment motion on the FDI issue on behalf of the party. "We want the House...
More »Retail FDI confronts twin hurdles by R Suryamurthy
Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...
More »FDI in retail: Opening up retail will help India's growth, curb inflation, says RBI governor Subbarao
-Reuters India's growth story is still "credible" and the move to open up the economy to global supermarket chains will help growth and control inflation, RBI governor Duvvuri Subbarao said on Friday. "It's commendable that government has taken the initiative. Let's hope that it will improve the logistics chain and supply chain management in agriculture," Subbarao said in a speech in Chandigarh. Late Thursday, the government approved 51 percent foreign direct investment in...
More »If it is 999, it must be our dam by GC Shekhar
The floodgates have opened on a movie ominously titled DAM999, which some political parties in Tamil Nadu feel is toeing the line of neighbouring Kerala in a dispute between the states. A section of Tamil Nadu politicians feels the movie, produced and directed by a Malayali businessman, relates to the controversy around the 116-year-old Mullaperiyar dam in central Kerala. Tamil Nadu holds the lease rights to the dam for 999 years...
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