-The Business Standard Concerned over rising inflation, the Inter-Ministerial Group (IMG) today suggested opening up multi-brand retail to foreign investors and changes in agriculture marketing laws to check the rate of price rise. “We are taking a clear position on Foreign Direct Investment (FDI) in multi-brand retail. Of course, it is a recommendation, not policy,” said chief economic advisor and IMG chairman Kaushik Basu. The IMG, he added, favours formulation of a...
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No Indian land grab, says Ethiopian PM
-Mangalorean.com Amid some misgivings here about India's acquisition of vast stretches of land, Ethiopian Prime Minister Meles Zenawi Wednesday rejected charges of land grab as "loose talk" and welcomed Indian Investment for development. "There is no land grab and there will be no land grab. Indian companies should not be constrained by this loose talk," Zenawi, the longtime leader of Ethiopia, said at a joint press conference with Indian Prime Minister...
More »Leave It To The Market by Dilip Modi
Land acquisitions in India are invariably marked by violent protests. Is politics responsible for stirring up passions? Is it loss of a means of livelihood that landowners resent? Or is there a fundamental problem with the way acquisition is done that stirs up a hornet's nest? Look at the last issue first. There are two fundamental problems with the present system of land acquisition: the process of acquisition, and the...
More »It’s bloomtime now by Shashi Tharoor & Keerthik Sasidharan
In the 1920s, a young Tamil girl sang and starred in her school musical. It was, ostensibly, a private event with few outsiders. Yet so exceptional was her singing that Swadesamitran ran her photograph and wrote about the event. Seeing that photo in the newspaper, her household “was appalled” for, as the music historian V Sriram writes, “good, chaste women never had their photographs published in papers”. Today, this seems like...
More »What's in a name? urban or rural? by Kala Sridhar
What is rural and what is urban is largely an artefact of definition and relative. See the table below. Most of India's 'rural' population resides in villages that contain between 500 and 5,000 inhabitants. Some argue that in other countries, many of these villages would be classified as urban. These studies point out that if India were to be a little more liberal in its definition of urban areas (minimum...
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