-The Telegraph Social networking websites such as Facebook, Twitter and Google have refused to buckle under pressure from the Indian government to take down content that telecom minister Kapil Sibal and the babus on Raisina Hill find objectionable. Sibal told reporters the government wanted the Big Boys of Cyberspace to remove “abusive” comments and images that could ignite a tinderbox of passions in the country but they had refused to do so...
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The fine line when online
-The Hindustan Times With great power comes great freedom. Which, in turn, calls for being responsible. The act to do things freely is one of the fundamental joys of being part of a liberal democracy. With powerful technological platforms and social networking sites such as Facebook, even repressed societies get to savour unfettered expression. But there is a flip side to such a freedom. And this involves the need to respect the...
More »FDI in retail can enrich 650 million Indians for inclusive growth
-The Economic Times The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead...
More »FDI in retail: Farmers gain, but SMEs & kiranas complain by Sutanuka Ghosal & Madhvi Sally
-The Economic Times With the entry of foreign supermarket players, farmers across India's six lakh villages stand to gain from greater market access, higher profits, better technology and direct linkage with consumers. "Direct purchase from farms has hugely benefited small farmers like us who were not getting good returns by selling in the local mandi," said Abdul Majid, from Malerkotla in Punjab, who has been selling vegetables from his one-acre farm to...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
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