The youth Congress has a question: why can some company not buy the potatoes that Punjab’s farmers are throwing on the streets and sell them in Kerala where the crop’s price is as high as Rs 18 a kg? The answer, for the outfit being groomed under the guidance of Rahul Gandhi, is foreign direct investment (FDI) in retail. That’s the message from the monthly youth Congress newsletter, which has now been...
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Year of criticism, from the bench and against it by Krishnadas Rajagopal
Judicial activism was the key in many Supreme Court observations and judgments during 2011. 2011 CVC THOMAS: A three-judge bench led by CJI SH Kapadia declared “non est” — or nonexistent — the majority recommendation of a high-powered committee for P J Thomas as Central Vigilance Commissioner. The court ruled that the Prime Minister and the Home Minister’s recommendation amounted to “official arbitrariness”, coming in spite of the dissent of the third...
More »FDI policy: Indian consumers should have more choice by Nirmalya Kumar
Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...
More »In action-packed 2011, Supreme Court cleared over 79,000 cases by J Venkatesan
The year 2011 saw the highest number of cases disposed of in recent years, with more than 79,000 cases cleared under the leadership of Chief Justice of India S.H. Kapadia. In his Law Day address, Justice Kapadia rejected the allegation made in certain quarters about the huge pendency of cases and said: “There is a backlog of cases. However, it is not as big as is sought to be projected.” Seventy-four...
More »Politicians I funded are after me now: Sarkhel
-The Times of India Bapi Sarkhel, in the eye of a storm since the December 14 violence near Poscoproject site in Jagatsinghpur, said on Thursday certain politicians seeking his arrest had benefited from him in the past, but turned against him as they saw him as a threat. Police has booked him on charges of fomenting trouble in the proposed Posco steel plant site and attacking anti-land acquisition villagers in the...
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