-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
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Behind Haryana land boom, the Midas touch of Hooda -Shalini Singh
-The Hindu Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees. Records of all licences granted...
More »Nuclear safety before vendor interests-MV Ramana and Suvrat Raju
-The Hindu The question that must be asked, is whether India is willing to compromise on its laws and the safety and rights of its citizens to protect the business interests of reactor suppliers In 2010, under pressure from multinational nuclear suppliers, the Manmohan Singh government pushed through a law to protect them from the consequences of a nuclear accident. The law makes it impossible for victims to sue the supplier, even...
More »It has covered some ground
-The Hindustan Times The big difference within the Cabinet over the land acquisition bill revolves around the role of the state. Since land is to be acquired for infrastructure projects - India is relying on the private sector to come up with half the $1 trillion it will need to build ports, highways and power plants in the next five years - positions on either side of the debate are deeply...
More »Muddling along is no longer an option-Shyam Saran
-The Business Standard The default approach to reform - minimalistic and confused - will lead India into crisis It is encouraging that the Planning Commission has undertaken an innovative exercise in scenario building for the country as part of the Approach to the 12th Five-Year Plan. The results are available in a document titled “Scenarios: Shaping India’s Future”, which can be found on the Planning Commission’s website. The merit of the document...
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