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FDI in retail—UPA ‘retired hurt’ by P Sainath

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

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High Court stays clearance for DB power coal mine in Chhattisgarh by Aman Sethi

The Chhattisgarh High Court has directed that no further action be taken towards granting environmental clearance to a coal mine operated by DB Power Ltd, a subsidiary of DB Corp, one of India's largest media corporations. The respondents have been given three weeks to reply. A writ petition filed in the court accuses the company of adopting “deliberate, illegal and manipulative” measures to influence the outcome of a public hearing held...

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Kudankulam plant being maintained in safe mode: Atomic energy board chief

-The Hindu   All measures have been taken to maintain the safe mode of critical systems with skeletal staff at the Kudankulam Nuclear Power Plant in spite of work coming to a halt at the project site following protests, S.S. Bajaj, Chairman, Atomic Energy Regulatory Board (AERB), said on Thursday. Interacting with the media on the sidelines of the 43rd annual conference of the Society of Nuclear Medicine (India), Dr. Bajaj said that...

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India income inequality doubles in 20 years, says OECD

-BBC   Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...

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Markers and Supermarkets by Sukanta Chaudhuri

Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

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