-The Economic Times Rapid urbanisation of villages and expansion of urban areas pose a more pressing challenge to Indian policymakers and administrators than migration of people from rural areas to the cities, a new report has said. "A commonly held perception is that explosive rural to urban migration is the primary cause for the state of India's cities. This is not borne out by evidence," says 'Urban India 2011- Evidence', released by...
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The retail counter-revolution by CP Chandrasekhar
With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...
More »Front seeks greater representation for Muslims
-The Hindu A host of political and religious leaders shared the dais at a public meeting organised by the Popular Front of India at the Ramlila Maidan here on Sunday. They demanded greater representation for Muslims in Parliament and Assemblies, besides reservation in government and private sector jobs. They wanted Muslims and other downtrodden sections of society to join hands in fighting social inequality and injustice. The meeting was organised to mark...
More »Misplaced obsession
-The Hindu In a show of audacity, the United Progressive Alliance government has decided to further open up the retail trade sector to foreign investment. Foreign investors will be permitted to enter the hitherto prohibited multi-brand retail segment and hold equity of up to 51 per cent in the units established. That there is widespread political opposition to this change in policy was known for long. Hence, the move is nothing...
More »Despite dissent in ranks, Congress to defend FDI in retail by Smita Gupta
Antony, Jairam and Virbhadra say it will hit small retailers badly The United Progressive Alliance government pushed through the proposal to permit 51% FDI in multi-brand retail and 100% foreign equity in single-brand trading on Thursday, in the face of vigorous protests not just from the Opposition and ally Trinamool Congress (TMC), but also disquiet in a section of the Congress. Following up on this, the Congress Core Group met here on...
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