Prakash Karat today came close to thanking Mamata Banerjee, not for defeating the Buddhadeb Bhattacharjee government but for thwarting the Manmohan Singh government. “Will be very happy if she hijacks our issue,” the CPM general secretary said in reply to a question whether Mamata had snatched the Left’s plank on foreign direct investment in retail. After the pat — presumably in jest — came the prod. “I think Trinamul should not be...
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Parekh, Ganguly ask India Inc to back govt’s FDI in retail move
-The Times of India HDFC chairman Deepak Parekh and Member of Parliament Ashok Ganguly have appealed to Corporate India to come out strongly in support of a besieged government, which is overwhelmed by opposition to its proposal to open up foreign investment in retail. The two senior business leaders are part of a group of 14 eminent citizens who came together to raise the issue of policy paralysis and later on the...
More »Unparliamentary flip flops mar FDI debate
-CNN-IBN "Many said that Kentucky (KFC) will drive the dhabas out of the market. The dhabas have driven out Kentucky. The Indian sherbet is still there despite Coca Cola and Pepsi. Don't underestimate India." That was former NDA finance minister Jaswant Singh in 2004 when he supported FDI in retail. "Fifty per cent of our population, comprising of small traders, street-vendors and the self-employed, sustain themselves through retail businesses. The UPA government...
More »Fractured Democracy by Seram Rojesh
Irom Sharmila, 39 year old woman of Manipur has completing her 11th year of her hunger strike on 4th November 2011. She has been fasting to repeal the Armed Forces Special Power act 1958(AFSPA 1958). Against this act, 12 mother of Manipur had challenged the government of India by showing their body without any clothes in public on 15 July 2004. A student’sleader PabemChitaranjan self-emulated himself on the independence day...
More »Climate talks: ‘delayer countries' flex muscles by Michael Jacobs
When psychologists identified the phenomenon of cognitive dissonance — the ability to believe two contradictory things at the same time — they might have been describing the world of international climate change negotiations. Only this month, two authoritative international agencies have pointed out that the world has only a few years left in which to begin taking sufficient action to combat dangerous global warming. The United Nations Environment Programme's Bridging the Emissions...
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