The recent Cabinet nod to the National Food Security Bill triggered a flurry of criticism in the mainstream media, focusing mainly on the financial implications. The cost of the Bill obviously needs careful scrutiny and public debate, but it’s a little sad to see so much concern with the cost, and so little interest in what the Bill can do to improve people’s lives. The barrage of attacks was predictable —...
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The Durban Subversion
-EPW A paradigm shift on global strategy, but will it make a difference to climate change or only pass the buck? The United Nations Conference on Climate Change in Durban ended dramatically with a last minute agreement of sorts, which only talks about more talks to arrive at some kind of legally binding instrument that will impose emission curbs on all countries from 2020. The agreement is simply not enough in...
More »Post-Durban, India has its task cut out by T Jayaraman
Driven by its over-emphasis on evading a “legally binding” commitment, India signed on at Durban to a key agreement that has not even a pro forma reference to equity and sets aside differentiation explicitly. South Africa will undoubtedly be satisfied that the 17th meeting of the Conference of Parties (COP 17) of the United Nations Framework Convention on Climate Change (UNFCCC) marked the inauguration of the Durban Platform for Enhanced Action,...
More »MPs want package for micro, small and medium enterprises
-PTI A strong demand was made in the Lok Sabha today for a package for the micro, small and medium enterprises, which are facing problem on account of the economic slowdown. Members from different parties made the demand while participating in a discussion on the Regulation of Factors (Assignment of Receivables) Bill, 2011. Shailendra Kumar (SP) demanded that Government should set up a special fund to help the MSME sector. Gorakhnath Pandey (BSP) said...
More »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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