-The Indian Express Dhule: For 33 years, Deputy Tehsildar Abdul Halim Ansari worked for the state, never doubting that it was largely fair, just and honest towards all citizens. That perception changed on Sunday, after his 30-year-old son died before his eyes, allegedly gunned down by the orders of the same administration that he has served all his life. Ansari, 58, believes that the police shot his son in cold blood. He...
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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...
More »Of FDI, Wal-Mart & controversies: An eventful year for retail
-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
More »‘Walmart affiliate used bribes to open 19 new stores in Mexico’
-Reuters New York: WalMart Stores Inc’s Mexican affiliate routinely used bribes to open stores in desirable locations, according to a New York Times investigation published Monday, which cites 19 instances of the retail giant paying off local officials. The Times first reported in April that Walmart had intentionally stifled an internal probe into bribery at its Mexican affiliate Walmex. Late last month, Mexico’s anti-corruption body said it found no irregularities in the...
More »Walmart Workers Will Rally in Ten Countries Tomorrow -Josh Eidelson
-The Nation The labor campaign confronting Walmart in the United States is planning an international escalation for tomorrow. In partnership with the global union federation UNI, the union-affiliated group Making Change at Walmart is supporting a “Global Day of Action,” with participation expected from Walmart workers in Argentina, Brazil, Canada, Chile, India, Nicaragua, South Africa, the United Kingdom and Zambia. The day’s main US protest will be a Miami demonstration featuring...
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