India ranks a dismal 134 among 187 countries in terms of human development index in the UNDP's latest Human Development Report. Against this bleak backdrop, the bugle of caution is rightly sounded by the United Nations Development Programme (UNDP) in its latest Human Development Report (HDR), released in Copenhagen on November 2 jointly by Danish Prime Minister Helle Thorning-Schmidt and UNDP Administrator Helen Clark. As the international community is busy preparing...

In opening up the retail trade to foreign equity last week, the Union government demonstrated uncharacteristic courage and conviction. While this policy measure might help dispel doubts about its ability to take decisions, it has raised a political dust-storm more intense and widespread than it had probably bargained for. No doubt, taking a view on the issue of liberalising FDI norms for multi-brand retail had been on the government’s agenda for...

-The Times of India   The government convened an all-party meet to end the FDI logjam in Parliament on Tuesday morning.  The all-important meeting was chaired by Pranab Mukherjee, and according to Times Now, failed to make any breakthrough.  It remains to be seen if the opposition parties allow Parliament to function.  Pranab Mukherjee, who met the opposition leaders to end the FDI crisis in Parliament, is likely to apprise Prime Minister Manmohan Singh about...

-The Hindu   A host of political and religious leaders shared the dais at a public meeting organised by the Popular Front of India at the Ramlila Maidan here on Sunday. They demanded greater representation for Muslims in Parliament and Assemblies, besides reservation in government and private sector jobs. They wanted Muslims and other downtrodden sections of society to join hands in fighting social inequality and injustice. The meeting was organised to mark...

Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...