-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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How to make cash transfers work-Guy Standing
Should they be targeted? Should they go to individuals or households? Are conditionalities necessary? Without a full consideration of these issues, cash transfers will remain an expensive gamble Having worked on cash transfers for over 25 years, and being an economist, I find recent criticisms of the idea shrill and ill-informed. Only a right-wing ideologue would call them a panacea or a cure-all. They would merely be a vast improvement on...
More »All to the sweat shop-Bhavdeep Kang
-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
More »India ranks 78th in guaranteeing access to civil justice; Lanka outperforms S Asian peers
-The Indian Express India ranks 78th among 97 countries in guaranteeing access to all civil justice, a latest report released today said, while its neighbouring country Sri Lanka leads the South Asian nations in most dimensions of the rule of law. The 'Rule of Law Index 2012' report by World Justice Project's provides country-by-country scores and rankings for eight areas of the rule of law. India, the report said, has a robust system...
More »New UN report finds rate of new HIV infections has fallen by half in 25 countries
-The United Nations A reduction of more than 50 per cent in the rate of new HIV infections has been achieved across 25 low- and middle-income countries – more than half in Africa, the region most affected by HIV – according to a new United Nations report, which shows that unprecedented acceleration in the AIDS response is producing results. “The pace of progress is quickening – what used to take a decade...
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