-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...
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Chill of hike freeze-Meghdeep Bhattacharyya
-The Telegraph Kolkata: Owners of potato cold storages today announced a day’s shutdown on Monday and threatened a longer agitation to protest the Mamata Banerjee government’s refusal to allow a rent hike. Many officials termed this as another instance of the “populist” government’s reluctance to raise tariffs. “The rent is our only source of income. Overhead costs have spiralled in the past two years. But the government is not allowing us to increase...
More »Food worry feeds GM trials -R Balaji
-The Telegraph The Supreme Court today refused to stay field trials of genetically modified food crops for now despite a court-appointed panel recommending a 10-year moratorium, after the Centre said such a freeze would hit food security for a growing population. The five-member technical expert committee’s (TEC) interim report had advocated the moratorium till the country improved its regulatory system for GM field trials to ensure proper evaluation of these crops’ health,...
More »'Free electricity for farmers is hurting development, not helping it– including farmers themselves'-Lalit Jalan
-The Economic Times There has been a change of guard at the power ministry and Jyotiraditya Scindia, the new man in charge, has described his task as daunting. To simplify the many complexities, it's worth keeping in mind an adage that's particularly apt for rural India: Nothing is more expensive than no power. While on one hand there are thousands of villages that still remain to be electrified, on the other even...
More »Behind Haryana land boom, the Midas touch of Hooda -Shalini Singh
-The Hindu Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees. Records of all licences granted...
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