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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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The fax-email democratic republic -Garga Chatterjee

-DNA The notice has been served to ‘the people’. The Justice Verma Committee, set up to review the present criminal laws relating to safety and security with an eye to amend them, has asked ‘all members of the public’ among others to respond with ideas, knowledge and experience, to assist the committee in reaching its objective. The notice has been published in many newspapers. This mode of public consultation is not new....

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Corruption anchors public life, say NGO leaders

-One World South Asia A peoples’ assembly held in New Delhi, became a forum for voicing concern of people attached to movements, for accountability in public life. The five day people’s assembly (Jan Sansad) entered its second day at Jantar Mantar, with over 700 people from all over the country assembling in New Delhi. The day coincided with the ninth death anniversary of Satyendra Dubey, the former Project Director of the National Highway...

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Only by amending IT Act's flawed Section 66A can we stop its misuse

-The Times of India Telecom minister Kapil Sibal says the Information Technology Act shouldn't be misused to "throttle dissent". But is he prepared to go the length to stop misuse? Consider the legal gloss Section 66A of the Act puts on assaults on free expression. Two incidents should suffice as examples. In April, a professor was arrested in Kolkata for forwarding a cartoon depicting Bengal CM Mamata Banerjee. More recently, a...

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SC dares govt to bar judges from posts

-The Telegraph The Supreme Court today dared the Centre to enact a law to prohibit retired judges or bureaucrats from taking up post-retirement positions in commissions or other government undertakings. A bench of Justices A.K. Patnaik and Swatanter Kumar threw down the gauntlet when additional solicitor-general A.S. Chandiok suggested “there should be no post-retirement employment”. The law officer also asked the court to review its September 12 judgment that only sitting or retired...

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