-The Hindustan Times Different Central government departments have different interpretations of the transparency law, Right To Information, when it came to disclosing information. While some government departments have proactively disclosed the information, others have denied similar information citing prohibitory clauses of the RTI law. This reporter had filed a RTI application with the Cabinet Secretariat seeking copies of the minutes of the Group of Ministers and Empowered Group of Ministers constituted since June...
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Central fund to buy equity in Dalit firms likely
-The Times of India Dalit Venture Capital Fund is the next big idea as the Centre looks to roll out 'procurement quota' in government purchases from small and medium enterprises (SMEs). The Fund would seek to buy equity in Dalit companies to provide capital support as investment. The Centre is mulling creation of a special purpose vehicle or a capital support system to help develop entrepreneurs among scheduled castes and tribes. The...
More »FDI low in education, finger at bar on profit by Basant Kumar Mohanty
Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
More »House panel to study farmer suicides proposed
-The Hindu The government on Monday proposed the setting up of a parliamentary panel to go into the issue of farmer suicides in the wake of contradictory figures emerging from the States and the Union Home Ministry's National Crime Records Bureau. The suggestion came after the government was cornered in the Rajya Sabha, during the reply to the debate on the agrarian crisis, leading to two quick adjournments and a walkout by...
More »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...
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