Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...
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Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Jailed Journalists Reflect Greater Struggle for Internet Freedom by Rosemary D'Amour
The number of journalists in prison worldwide has spiked to its highest level in 15 years. Of them, nearly half worked online, raising larger questions about Internet freedom for more than just reporters, but average citizens as well. Eighty-six out of 179 journalists who were in prison worldwide as of Dec. 1, 2011 were reporters or bloggers whose work appeared online, according to a new report by the Committee to Protect...
More »Lopsided growth by Venkitesh Ramakrishnan
U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...
More »Opposition to India's hydel projects in Bhutan by Sandeep Dikshit
The winds of democracy are making it harder for India to negotiate the construction of mega hydel projects in Bhutan. Fixing terms and conditions for bringing power from Bhutan was a cakewalk with the first three hydel projects five years ago. With newspapers other than the Kuensel , a tiny but vocal Opposition in Bhutanese Parliament and exiled leaders raising issues relating to sovereignty, Indian officials are now having to work...
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