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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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Still Smoking

-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts:     Arun Jaitley: ITC, market leader in cigarettes     Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd     Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...

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From farm gate to your plate -Gaurav Vivek Bhatnagar

-The Hindu The retail vegetable sellers have now started quoting the prices of almost all items in pao or 250 grammes. The concept of darjan or dozen has almost been replaced by the kilogramme for the humblest of fruits like bananas and oranges. But this means little to the common household which now literally thinks twice before buying any grocery item. A common refrain heard often from politicians is that prices are...

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Emissions cuts start at home -Priscilla Jebaraj

-The Hindu THE SUNDAY STORY In 2007, energy sector (including power, transport, residential electricity was responsible for 58 per cent of emissions, industry for 22 per cent and agriculture, 17 per cent. After focussing on the international climate change negotiations in Doha earlier this month, the spotlight is shifting back to the domestic scene. India can point the finger at the failure of rich countries to check the growth of their greenhouse...

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How We Saved Agriculture, Fed the World and Ended Rural Poverty: Looking Back from 2050 -Duncan Green

-Oxfam Blog As Oxfam’s two week online debate on the future of agriculture gets under way, John Ambler of Oxfam America imagines how it could all turn out right in the end. It is now 2050.  Globally, we are 9 billion strong.  Only 20% of us are directly involved in agriculture, and poor country economies have diversified.  Yet we all have enough food.  Technological innovation has played its part, but increased production...

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