-The Indian Express   For once, Mamata does the right thing — by laying down work rules for her employees Mamata Banerjee’s politics, in a word, could be called “populist”, in the absence of a well-formulated and well-enunciated agenda. In her last years in opposition, and now as chief minister of West Bengal, Banerjee has steadily positioned herself as “more left than the Left”. The Luddite politics of Singur, her stint as the...

-PTI   The CPI(M) today asked the Manmohan Singh government whether it had a "dual policy" on FDI in the retail sector.  "In Parliament the Centre said it would not move forward in FDI till a consensus evolved through discussions. In Davos Union Commerce Minister Anand Sharma told a Walmart representative that it had only pressed the pause button. Has the Centre a double policy on FDI in retail?" CPI(M) Politburo member Brinda...

Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

-The Indian Express   Even as the UPA’s effort to introduce 51 per cent FDI in multi-brand retail fell on its face, the proposal to allow 100 per cent FDI in single-brand retail is through. Just before the finance minister goes to the US to speak to investors, this decision is something of a face saver. The department of industrial policy and promotion formally announced the decision, with the condition that in...

The discordant black-flag picket at the Golden Temple on New Year morning belied Prime Minister Manmohan Singh’s clean-slate aspiration for 2012 but he is engaging in earnest with the challenges of what, in his own reckoning, will be another tough year. The Lokpal tangle controversially unresolved, attention is likely to remain riveted on politics, especially with high-stakes battles for Uttar Pradesh, Punjab and three other states under way. The Prime Minister,...