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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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'Cash transfer for BPL not feasible'

-Deccan Herald Cash transfer for public schemes is a “terrible lie”, said activists at a meeting held at Jantar Mantar on Wednesday. Communist Party of India (Marxist) leader Brinda Karat said that if one compared India with African countries, India would beat them in terms of poverty. “The government is not willing to tax business tycoons and is making the common man suffer by cutting down subsidies,” she said. Karat added that her...

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Show ID-card while booking train ticket

-The Times of India ALLAHABAD: From December 1, for booking a ticket in any reserved class of the train, a passenger will have to produce one of the prescribed proofs of identity failing which the said passenger will be treated as ticketless traveler and will have to pay fine accordingly. This provision will, however, not affect the existing provision of Tatkal scheme where during the journey, the passenger is required to show...

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The great Africa land grab-Phil Bloomer

-Farmlandgrab.org Oxfam’s Phil Bloomer reports on the shocking scandal of (mostly) secretive land-grabbing, usually from those least able to defend their rights Land grabbing has fast become a major threat to poor communities in Africa, Asia and South America. Poverty-stricken women and men are being driven from their homes and the land they rely on to grow food to eat and make a living, usually without compensation. In many cases this is...

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Land grabbing, officially -M J Antony

-The Business Standard No full stops for forcible acquisition, poor compensation Lawmakers have been tinkering with a new land acquisition regime for a cynically long number of years. However, there is no change at the ground level. The news that a displaced woman in Madhya Pradesh immolated herself last week, starting a Chita (funeral pyre) satyagraha, was buried below the fold in the last page of newspapers. Meanwhile, more and more gross...

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