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Death has no appeal-João Cravinho

-The Indian Express The debate on the death penalty in India has gained new momentum, and the European Union (EU) is following the discussions with great interest. Under the visionary and far-sighted leadership of thinkers and politicians, Europe has come a long way from being the continent where the guillotine was invented and where death sentences were common under the dictatorships of the first half of the 20th century, to become,...

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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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Watching for biases -Divya Trivedi

-The Hindu How gender sensitive are the government’s flagship programmes, probes a report to be released today Why is the concept of ‘citizen’ always a male? Why is the formulation of government policies always male centric leaving out the female counterpart that actually constitutes half the population and contributes in equal measure to the economy? Perhaps keeping this in mind, UN Women and economists have come up with a report on eight flagship...

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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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All to the sweat shop-Bhavdeep Kang

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

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