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FDI in retail? say a big NO -Anupam Bhargava

-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring Technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

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Why Sibal is smarter than Rajiv Gandhi -R Balaji

-The Telegraph Take a quiz. Here are the clues. The honeymoon has soured and the great hope sunk The government is under the shadow of kickbacks allegations The government decides to call criticism “grossly indecent”, “scurrilous” and “intended for blackmail” and crucify the critics The government wants to prescribe a minimum period of jail for the critics. Now the question: Name the year and the government. That was the summer of 1988. The Rajiv Gandhi government had run...

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ipaidabribe.com: A website that encourages Indians to share their bribe giving experiences-Malini Goyal

-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...

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Cash subsidy transfer is not a magic wand but people will get purchasing power: Expert -Joseph John

-The Times of India RAIPUR: Expert in public policy and capacity building T R Raghunandan, a former IAS officer of Karnataka Cadre, said on Thursday that transfer of cash subsidy to the beneficiaries was not a "magic wand" but it could help create purchasing power among the masses in the respective areas. Speaking at the media capacity building workshop, organised by the centre and the UN joint programme on convergence here, he...

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Chhattisgarh writes to Prime Minister against direct cash transfer of subsidies -Ashish Mukherjee

-NDTV Raipur: Chhattisgarh does not favour the Centre's plan to dole out subsidies to beneficiaries by direct cash transfer, the state's chief minister Raman Singh has told the Prime Minister. In a letter to Dr Manmohan Singh and Union Food Minister KV Thomas, the chief minister said limitations in banking and information Technology would make it difficult for Chhattisgarh to implement the scheme. He said Public Distribution System (PDS) outlets were the most...

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