The controversial targeted National Food Security Bill, which got the nod of the Union Cabinet on Sunday, is a pet project of United Progressive Alliance chairperson Sonia Gandhi. However, the recommendation made for near-universalisation by the National Advisory Council chaired by Ms. Gandhi, was set ASIde by the government. To be piloted by Minister of State (Independent) for Food and Public Distribution K.V. Thomas, the Bill will be introduced in the...
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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »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 »Supreme Court tells Kerala, Tamil Nadu not to arouse people's feelings by J Venkatesan
“The Empowered Committee is looking into all aspects of safety of the dam” There is nothing serious, grave or emergent about the safety of the Mullaperiyar dam warranting our interference at this stage, the Supreme Court observed on Tuesday and asked Tamil Nadu and Kerala not to arouse people's feelings and create a fear psychosis. The Empowered Committee, headed by the former Chief Justice of India, A.S. Anand, was looking into all...
More »No signs that Azad encounter was fake
-The Deccan Chronicle The CBI on Monday filed an interim report in the Supreme Court regarding the alleged encounter killing of Maoist spokesman Cherukuri Raj Kumar alias Azad. The apex court has given time till December 18 to the CBI to file its final report in the case. Sources said scientific evidence and eye-witness accounts back the police version of an exchange of fire which resulted in Azad’s death. CBI joint...
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