The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states. Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent FDI in single-brand retail approved by the cabinet, the commerce and industry ministry would work on a notification to operationalise the decision. “Our understanding is we can work on rules for...
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Shocked the way Kishenji was killed: Forward Bloc
-IANS Expressing its admiration for slain Maoist leader Kishenji but opposing his brand of Politics, The All India Forward Bloc Saturday said it was 'shocked' over the way he was killed by the police. 'We are shocked over the way Kishenji was killed. Many times he had tried to contact us through telephone. I told him clearly that I admire you, but I do not agree with the way you are fighting...
More »Getting the basics right by Dipankar Gupta
After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...
More »Plan to take Politics out of panchayats by Pranesh Sarkar
The Mamata Banerjee government is planning to take Politics — or at least political symbols — out of panchayats, the foundation on which the Left built the edifice that remained impregnable for 34 years. “We would like to have non-political rural bodies as it would uproot petty Politics that often halts development projects in rural areas. If things go as planned, the required amendments in the act would come into force...
More »Unparliamentary flip flops mar FDI debate
-CNN-IBN "Many said that Kentucky (KFC) will drive the dhabas out of the market. The dhabas have driven out Kentucky. The Indian sherbet is still there despite Coca Cola and Pepsi. Don't underestimate India." That was former NDA finance minister Jaswant Singh in 2004 when he supported FDI in retail. "Fifty per cent of our population, comprising of small traders, street-vendors and the self-employed, sustain themselves through retail businesses. The UPA government...
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