Words of wisdom from Swaminathan commission have fallen on deaf ears The Supreme Court has pulled up the State governments for their callous approach to acquisition of land from farmers and for issuing notifications in violation of the procedure under the Land Acquisition Act. Decrying mindless acquisitions, a Bench of Justices G.S. Singhvi and S.J. Mukhopadhaya said the consequent notifications were nullified by courts on the ground of violation of the mandatory...
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UPA opens the door for global retailers
-The Times of India After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms. After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...
More »FDI if retailers procure 30% stuff from small industry by Surajeet Das Gupta & Nayanima Basu
Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...
More »Assam grabs plan panel ear
-The Telegraph Assam has managed to secure an exclusive meeting with the Planning Commission wherein it would make a strong case for a state-specific development strategy. Chief minister Tarun Gogoi revealed this here today during an interaction with reporters. He said Prime Minister Manmohan Singh had assured him of arranging a full-fledged meeting with the plan panel during his meeting with the former in Delhi early this week. According to a senior official of...
More »Nobody’s Property by Lola Nayar
How do you quantify happiness in a diverse nation like ours? Growth levels, value-based structural changes, what can affect it? Life is Elsewhere? Bhutan’s GNH: Based on the Buddhist doctrine of harmony with environment and fellow beings besides material comfort UNDP Human Development Report: Ranks nations on quality of life—adjusted real income, life expectancy, education etc World Values Survey: Started in 1995, it explores impact of social and political changes...
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