-The Economist A steadily rising Muslim population continues to fall behind IT TELLS you something hopeful perhaps that, for all the horror unleashed when two bombs laid by presumed militant Islamists ripped through a crowd in Hyderabad on February 21st, India’s public response has been muted. The blasts killed 16 and injured 117. Both the method of the attack (bombs in metal tiffin boxes strapped to bicycles) and its location (near a...
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Police register cases against anti-Posco agitators after semi-nude protest
-PTI Two days after the semi-nude protest by anti-Posco agitators, Odisha police have registered a case against three women and president of Posco Pratirodh Sangram Samiti (PPSS) Abhaya Sahu on charge of obscenity in public. "The case has been registered at Abhaychandpur police station under section 294 (a) and other sections of the IPC," Jagatsinghpur Superintendent of Police Satyabrata Bhoi said on Saturday, adding that appropriate action will be initiated against the...
More »Business by other means -Ajoy Ashirwad Mahaprashasta
-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...
More »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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-The Business Standard Despite industry's worries, land Bill cannot be delayed The meeting of the Union Cabinet last Thursday was, by the standards of the United Progressive Alliance ( UPA) government at least, quite effective. In what Rural Development Minister Jairam Ramesh has called the UPA’s “slog overs”, several policy changes were announced, and proposed laws cleared. Perhaps the most important was the approval of the long-awaited changes to India’s colonial-era land...
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