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FDI low in education, finger at bar on profit by Basant Kumar Mohanty

Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...

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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh

The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

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How to use the existing RTI Act of India to query the private sector by Veeresh Malik

Chances of a single answer to two opposing questions on the RTI Act means there is something to it which the rule-books don’t tell you about—but you can bowl googlies to them, too, when the system expects you to hold a straight bat to their bouncers Here is a single answer to two diametrically opposite questions—“Yes, you can file an application under the Right to Information Act of India 2005 (RTI...

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Opposition stalls Copyright Bill in Rajya Sabha by Gargi Parsai

The Opposition on Tuesday prevented Union Human Resource Development Minister Kapil Sibal from moving the Copyright (Amendment) Bill, 2010, in the Rajya Sabha, claiming it had a “conflict of interest”. As the Opposition members continued to press their “point of order”, quoting rules to prevent the Minister from tabling the Bill, the House was adjourned twice during the day. Even before the Minister could move the Bill, Janata Dal (United) leader Shivanand...

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