Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...

The goals of the Right to Education (RTE) Act are unrealistic and unachievable in its entirety education experts and policymakers said at a conference here today, and endorsed the need for more dialogues with civil society, government agencies and educational service providers to bring the landmark legislation to fruition.              There is an imperative need to look afresh into the RTE Act, iron out its ambiguities and...

-The Telegraph   New laws are often brought in without assessing their judicial and financial impact. The result is poor implementation, says Seetha Call it collateral damage. According to newspaper reports, agriculture minister Sharad Pawar has written to the Prime Minister asking for the National Rural Employment Guarantee Act (NREGA) to be put on hold during the peak season of agricultural operations. With a guaranteed income of Rs 100 a day for at...

Anti-corruption crusader Anna Hazare made an impactful return to the "anshan-andolan (fasting-protest)" arena on Sunday, drawing an enthusiastic and youthful crowd to Jantar Mantar and rallying major non-Congress parties to his cause. Three months after his epic 13-day fast at Ramlila Maidan, the response to Anna's seven-hour protest is proof that the Gandhian has not lost traction with popular sentiment despite his now familiar anti-government announcements. He also succeeded in splitting...

At a time when the government is willing to pump thousands of crores for the revival of national carrier Air India, the finance ministry has rejected railways' plea for a temporary loan of Rs 2,101 crore to fund its development works.  Turning down the loan request, the ministry has the asked state-run transporter, which is under acute financial stress, to meet its liabilities by raising resources.  Railways made the demand considering negative...