-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Retailers call BJP manifesto a poll gimmick-Nivedita Mookerji & Nayanima Basu
-The Business Standard FDI in multi-brand retailing could be reversed if the party forms govt; India Inc seeks review of manifesto The Bharatiya Janata Party manifesto decision to oppose Foreign Direct investment in supermarkets has made the sector more wary. The United Progressive Alliance' policy to allow 51 per cent FDI in multi-brand retail in September 2012 could be reversed if the BJP comes to power at the Centre. "The policy can be...
More »Worshipping false gods in India-Harsh Mander
-Live Mint In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....
More »Transport troubles-Brijeshwar Singh
-The Business Standard This report believes in demanding more, and cares little for inflation. It could have kept budgetary constraints in better focus and thrown more light on carbon-reducing innovations Fans of Rakesh Mohan reports will love this leviathan of a report. With 1,220 pages spread over three volumes, the report of the National Transport Policy Development Committee takes at least a week's effort to read. The analysis is in the second...
More »Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh
-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....
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