-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...

-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...

-Outlook Congress president Sonia Gandhi today strongly backed the Centre's new Direct Benefit Transfer system that will ensure cash transfer directly in the hands of beneficiaries of various schemes, saying it is in line with many other "revolutionary" measures taken by the UPA. Gandhi, who is also UPA Chairperson, also announced her intent to bring the much-talked out Food Security Bill in Parliament soon to ensure that no poor family remains hungry. She...

-Pratirodh.com Hundreds of the victims of  failed 'cash transfer' experiment in Kotakism met the Rural Development minister Jairam Ramesh at Jantar Mantar in New Delhi where a three-day dharna began on Wednesday demanding a more inclusive 'Food Security Act'.   More than 1000 people from all over the country are participating in the dharna which has been organised by 'Right To Food Campaign'.   Victims of failed cash transfer experiment shared their experiences with the...

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...