-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-Frontline THE newly christened Right to Fair Compensation in Land Acquisition, Resettlement and Rehabilitation Bill, 2012, which was due to be passed in the Lok Sabha with amendments, has been deferred to the Budget session. Union Minister for Rural Development Jairam Ramesh spoke to Frontline on the present status of the Bill and the debate on it within Parliament and outside. Excerpts from the interview: * What were the reasons for the...

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

-Frontline Farmers protest against the Central clearance for coal bed methane exploration in Mannargudi, Tamil Nadu, as they fear it will devastate agriculture in Tiruvarur and Thanjavur districts.  THE woes of the delta farmers of Tamil Nadu are far from over. While the Cauvery tangle continues unresolved, they fear the proposed multi-crore project for commercial exploration and exploitation of coal bed methane (CBM) in the Mannargudi block of Tiruvarur district will prove...

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...