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UPA opens the door for global retailers

-The Times of India   After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms.  After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...

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Cap & trade, Nrega style by Subhomoy Bhattacharjee

Good sections of rural India don’t want NREGA any more, showing the government spending pattern on the scheme. Since a large percentage of the village labourers have moved to the cities, it makes far better sense to develop an unemployment dole for them. The subtext is an accounting arrangement that ensures that like NREGA, the government can keep on rolling out similar entitlement programmes like the proposed Food Security Act, but...

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How much does she know? by Rukmini Banerji

On November 11, 2011, a big campaign was launched to make citizens of India aware of the Right to Education Act. The campaign has the potential to engage citizens in demanding their rights. Hopefully, the effort will also push the government at different levels to prepare to provide the “rights” as envisaged by the law.   At the core of the law is a “guarantee” — a guarantee for quality, free and...

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Learning curbs by Abhijit Banerjee

Jawaharlal Nehru did a huge amount for education in India. He gave us the Indian Institutes of Technology (IITs), the Indian Institutes of Management (IIMs), the Indian Statistical Institute (ISI) and much else. Yet, for a man whose birthday is celebrated as Children's Day, he had relatively little to do with primary schooling. The first Five Year Plan allocated just about Rs 12 crore for investment in primary education, out...

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Gloves off after Maoists bury truce by Pronab Mondal

Chief minister Mamata Banerjee tonight formally revived security operations against Maoists after the rebels refused to extend a ceasefire, spoke of war, criticised her peace envoys and appeared to escalate hostilities by killing two Trinamul supporters. Joint forces in pursuit were locked in a gunfight with the killers till late tonight at a Purulia village in the foothills of the Ayodhya hills. “I will take away the guns of the Maoists. The...

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