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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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How We Saved Agriculture, Fed the World and Ended Rural Poverty: Looking Back from 2050 -Duncan Green

-Oxfam Blog As Oxfam’s two week online debate on the future of agriculture gets under way, John Ambler of Oxfam America imagines how it could all turn out right in the end. It is now 2050.  Globally, we are 9 billion strong.  Only 20% of us are directly involved in agriculture, and poor country economies have diversified.  Yet we all have enough food.  Technological innovation has played its part, but increased production...

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Chulha smoke choking Indian women, kids -Kounteya Sinha

-The Times of India High blood pressure (BP) has become the world's deadliest disease-causing risk factor. But for Indians, indoor air pollution (IAP) — emanating from chulhas burning wood, coal and animal dung as fuel — has been found to be a bigger health hazard for Indians. The first-ever estimates of the contribution of different risk factors to the global burden of disease between 1990 and 2010 has found that household air pollution...

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Myths of our making-Pratap Bhanu Mehta

-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...

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Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee

-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer?   State-Wise     40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore)     20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out     55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...

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