There was wide criticism of the perceived attack on federalism Members of Parliament across the political spectrum are apprehensive of what the establishment of a supreme Lokpal — answerable to none — may hold for the future of the parliamentary system of governance as India has known and for the entire political establishment. Even as the process for the historic legislation for establishing a Lokpal began on Thursday with the introduction of...
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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Is paying Rs 127 a day for farm labour too much, Mr Pawar? by Raman Kirpal
What lies behind Agriculture Minister Sharad Pawar’s note to the prime minister asking for a suspension of the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA, for short) for three months a year? The obvious reason is that the big farmers’ lobby he represents is unhappy that NREGA has raised wages in rural areas and labour cannot be enticed to work for less. Under NREGA, labourers get paid at least Rs...
More »Katju wants ‘more teeth' for PCI
-PTI Press Council of India Chairman Justice Markandey Katju has sought “more teeth” for the regulatory body and expansion of its ambit over the electronic media and the Internet for which, he suggested, a legislation should be introduced in Parliament. In a letter to Prime Minister Manmohan Singh, now made public under the RTI Act, Justice Katju said the only power conferred on the Press Council under Section 14(1) of the Act...
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