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Delhi gang-rape: look westward in disgust-Emer O'Toole

-The Guardian The coverage of Damini's death strikes a particularly ironic note following recent media controversy over a rape in Ohio There's something uncomfortably neocolonial about the way the Delhi gang-rape and subsequent death of the woman now known as Damini is being handled in the UK and US media. While India's civil and political spheres are alight with protest and demands for changes to the country's culture of sexual violence, commentators...

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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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Clinical trial relief norms flawed -Rema Nagarajan

-The Times of India The new Central Drug Standards Control Organisation (CDSCO) guidelines meant to help calculate compensation in case of clinical trial related injury or death in a fair and equitable manner seem to be loaded against the very people it is meant to help. The guidelines suggest a formula based on the income of the injured or dead person along with age and severity of disease. Such a formula raises...

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Open and shut-Ila Patnaik

-The Indian Express FDI in retail will bring competition to non-tradable services, and make Indian firms globally competitive India removed barriers to trade in goods in the 1990s. Removing protection brought global competition and raised productivity. But introducing global competition in services is harder. In certain services that are tradable, like legal or financial services, the removal of trade barriers can introduce competition and increase productivity. But these often involve complicated and...

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Decline in Poverty Ratio in Jharkhand: Govt

-Outlook The poverty ratio in Jharkhand declined to 39.1 per cent in 2009-10 from 45.3 per cent five years ago because of economic growth and poverty alleviation programmes, the government said today. "The percentage of people living below poverty line in Jharkhand has declined from 45.3 per cent in 2004-05 to 39.1 per cent in 2009-10. "In terms of number of poor, it has declined from 1.32 crore in 2004-05 to 1.26 crore...

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