India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

The revised blueprint for land acquisition envisages government retaining its facilitator role Contentious Issues     * Protests are often against land acquisition per se, regardless of compensation     * Most protests are against private builders acquiring land, changing land use. New norms don’t tackle this.     * Poor government track record in R&R does not inspire much confidence; merged bills won’t work for rehabilitation after natural calamities, etc     * Can the government, which...

Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...

International fund floodgates that stayed locked during the Left front regime are now opening up for Mamata Benerjee. Latest in the "parivartan" syndrome is the Asian Development Bank (ADB), which has given the green signal to go along with one of the state's most ambitious roadway projects - the 271 km express corridor connecting North and South Bengal. It is a Rs2,270 crore project, which World Bank had refused to fund in...

-The Indian Express   With Trinamool Congress chief Mamata Banerjee resigning from the Union Cabinet to take over as the Chief Minister of West Bengal, the Sonia Gandhi-led National Advisory Council (NAC) today completely sidelined her objections against government role in land acquisition — even for private industry. “The government will be acquiring 100 per cent of the land for public purpose by offering very good compensation to landowners. If the public purpose...