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Strengthening SME sector will open up a new strategy of broad-based, fast growth -Devaki Jain & Deepshikha Batheja

-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...

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FDI in retail: Foreign retailers in India will be first to start stores, says KPMG-Writankar Mukherjee

-The Economic Times Foreign multi-brand retailers present in India through cash-and-carry route are expected to roll out consumer facing formats in the short to medium term, a research paper by consultancy firm KPMG said. The paper said most of the foreign retailers will undertake changes in their cash-and-carry arrangement with their Indian partners. However, single brand retailers would significantly invest in India in the next 12-18 months due to 100% ownership which...

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Retail FDI takes effect -Jayanta Roy Chowdhury

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 Cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

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From verdant city to vertical slum-Romi Khosla

-The Hindu The government’s ill-conceived urban development schemes are threatening the future of Delhi The Delhi Urban Arts Commission was constituted by an Act of Parliament in 1972 with the sole intention of acting as a supra urban body to guide the future development of Delhi. After 40 years of its existence, chaired by a galaxy of bureaucrats and, more recently, famous architects, it is still difficult to evaluate whether it has...

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It's their world too -Gautam Bhan

-The Hindustan Times The recent regularisation of around 900 colonies in Delhi is an inevitable and welcome move. No city can allow a majority of its residents to live in conditions of illegality, particularly when that illegality is a direct outcome of its own history of urban planning. However, why are moves to regularise unauthorised colonies not being followed by similar moves to regularise bastis (often reductively called 'slums') that house...

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