-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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At home in the House
-The Indian Express After being taken to the streets, rallies and TV studios, FDI in retail is finally being discussed in Parliament. This may be a debate forced upon the government with the threat of persistent parliamentary obstruction, and submitting executive policy to voting in the House may be an extraordinary step that could be routinised at the system’s peril. But it is illuminating, nonetheless, to see the play of perspectives...
More »UN Climate Change Negotiations 2012: Drought looms as India faces rain deficit- Urmi A Goswami
-The Economic Times DOHA: India faces the risk of devastating drought as monsoon rains are likely to have a shortfall of 70% in the years ahead, as climate change shakes up global weather phenomena, recent research and experts at a global conference said. The risk of adverse changes in global weather is aggravated by the fact that international efforts to act against climate change have been blocked by deep divisions among the...
More »FDI in retail: To empower dalits, do away with India’s antiquated retail trading system-Chandra Bhan Prasad and Milind Kamble
-The Economic Times A couple of months ago, the UPA government cleared Foreign Direct Investment (FDI) in retail. It is a politically risky step. But for once, Prime Minister Manmohan Singh showed both spine and spunk biting the bullet. Since then, both Left parties and the BJP have expressed serious reservations over the decision. The general view is that it will affect the lakhs of small, indigenous kirana stores spread across...
More »Sick Chickens Come Home to Roost -Nidhi Nath Srinivas
-The Economic Times What are the chances that a chicken infected with bird flu will land on your plate? Zero. What are the chances that a bird flu infection will increase the price you pay for chicken and eggs? 100%. A virulent and deadly infection called avian influenza or bird flu is present in our country. The virus usually affects wild fowl which then infect chickens. The virus can survive for...
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