-The Hindu No consensus among UPA allies on FDI: Prakash Karat Patna: Ahead of the vote in Parliament on foreign direct investment (FDI) in multi-brand retail, Communist Party of India (Marxist) general secretary Prakash Karat said here on Saturday that since parties with a majority were opposed to the policy, there was no consensus among the allies of the United Progressive Alliance (UPA) on the issue. Asked about the dithering position of the...
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FDI in retail? say a big NO -Anupam Bhargava
-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....
More »Govt working on norms to protect trade secrets -Subodh Ghildiyal & Sidhartha
-The Times of India Your favourite restaurant may soon get legal protection for its centuries old recipe with the government starting discussion on possible norms for trade secrets. The latest intellectual property right (IPR), which draws upon an established practice in several countries, may actually cover everything from manufacturing processes to sales and distribution methods, ad strategies and client and vendor lists — a move that could provide comfort to companies...
More »Foreign investment in developing countries must involve local farmers to succeed – UN
-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphasizes...
More »Billions in Subsidies Prop up Unsustainable Overfishing -Christopher Pala
-IPS News Calls are mounting for the world’s big fishing powers to stop subsidising international fleets that use destructive methods like bottom trawling in foreign coastal waters, drastically reducing the catch of local artisanal fishers who use nets and fishing lines. Such subsidies total 27 billion dollars a year, with nearly two-thirds coming from China, Taiwan and Korea along with Europe, Japan and the United States, according to a University of British...
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