If the combined Opposition had sat down for weeks so as to find an issue to embarrass the UPA Government and make it a laughing stock before the whole country, they could not have thought of a better issue than the free gift presented to it by the UPA Government by initially insisting that it had irrevocably decided to allow the entry of multi-brand retail leader superstores like Walmart, USA...
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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 »SC asks courts to view labour practices in changed economic context by Sanjay K Singh
The Supreme Court has asked the judiciary and statutory bodies to take into account objectives of industrial peace and economic justice while deciding on disputes related to unfair labour practices. The issue of unfair labour practice has to be decided in the changed circumstances of economic liberalisation and economic reforms, the court said, setting aside the Bombay High Court order against Siemens. "Today every state, which has to don the mantle of...
More »Draconian rulebook irks netizens
-The Deccan Chronicle India’s department of information technology that functions under the articulate and vociferous minister Kapil Sibal, has quietly pushed through an Act to censor online content. The recently drafted rules that give private arbiters a right to take down objectionable content, free speech advocates say will seriously hamper virtual communications, debate and discussions. In the past in a country, that is the largest democracy, the lawmakers have suggested bans on books,...
More »Corruption in the neoliberal era by CP Chandrasekhar
Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have captured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...
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