-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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'Cash transfer for BPL not feasible'
-Deccan Herald Cash transfer for public schemes is a “terrible lie”, said activists at a meeting held at Jantar Mantar on Wednesday. Communist Party of India (Marxist) leader Brinda Karat said that if one compared India with African countries, India would beat them in terms of poverty. “The government is not willing to tax business tycoons and is making the common man suffer by cutting down subsidies,” she said. Karat added that her...
More »Rich Economy, Poor Management -Pranab Bardhan
-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...
More »Corruption anchors public life, say NGO leaders
-One World South Asia A peoples’ assembly held in New Delhi, became a forum for voicing concern of people attached to movements, for accountability in public life. The five day people’s assembly (Jan Sansad) entered its second day at Jantar Mantar, with over 700 people from all over the country assembling in New Delhi. The day coincided with the ninth death anniversary of Satyendra Dubey, the former Project Director of the National Highway...
More »PWD makes trees choke on concrete -Jayashree Nandi
-The Times of India If you are worried about trees facing a hostile environment in the city, here is some more grim news. Many old trees across the city are struggling to survive as their roots are being choked by concrete. One such stretch is on Press Enclave Road where a number of Alstonia or Saptaparni trees are getting choked with concrete and cement tiles as part of Delhi government's pavement...
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