NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

In the absence of legislation to protect women from sexual harassment at the workplace, the Supreme Court in 1997 laid down guidelines in the Vishaka vs State of Rajasthan in 1997. Thirteen years later, Parliament came up with the “Protection of Women against Sexual Harassment at Workplace Bill, 2010”. However, the Bill sees sexual harassment at the workplace not as a criminal offence but as a mere civil wrong, the...

The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...

Herding cattle and weaving carpets, on city waste-heaps, at traffic lights, in roadside eateries, in farms and in factories, in brick kilns and coal mines, in brothels and in our homes, children of the poor work at an age when our own are in school or at play. What is remarkable is not just our collective acceptance of such diverging destinies of children merely because of the accident of where they...