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US defends Walmart lobbying

-PTI Amid controversy over reports that Walmart spent nearly Rs. 125 crore for lobbying with legislators to get access to the Indian market, the U.S. has said the global retail giant did not violate any American law as far as the matter is concerned. “On the U.S. side, I don’t have any reason to believe that we have a violation of U.S. law here. With regard to the Indian side, I’ll refer...

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Growthwallahs need to pause and reflect-Anil Padmanabhan

-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...

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Are genetically modified crops finally on their way out of India?-Darryl D’Monte

-First Post Predictably, the recommendation by an experts’ panel appointed by the Supreme Court  - that trials of genetically modified (GM) crops should be halted for 10 years – has stirred a hornet’s nest. Such a moratorium would include ongoing trials and the court rejected it. This follows on the heels of the Parliamentary Standing Committee on Agriculture’s 492-page report published in August which asked for the banning of GM food crops...

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Nothing in the tank

-The Business Standard Govt pushes biofuels again, despite bitter experience The nearly decade-old programme to promote ethanol-blended petrol has failed to make much headway despite continued attempts by the government to get it going. The latest such attempt was last week, when the Cabinet Committee on Economic Affairs (CCEA) made the very poor decision to force oil marketing companies to mix five per cent ethanol with petrol throughout the country from...

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India ranks 78th in guaranteeing access to civil justice; Lanka outperforms S Asian peers

-The Indian Express India ranks 78th among 97 countries in guaranteeing access to all civil justice, a latest report released today said, while its neighbouring country Sri Lanka leads the South Asian nations in most dimensions of the rule of law. The 'Rule of Law Index 2012' report by World Justice Project's provides country-by-country scores and rankings for eight areas of the rule of law. India, the report said, has a robust system...

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