-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...
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Beyond the hot air-Arvind Jasrotia
-The Indian Express The Doha climate talks must extract tangible action plans from all countries Delegates from more than 190 countries have met at Doha for the 18th session of the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) and the 8th session of COP, serving as Meeting of the Parties to the Kyoto Protocol. To build on the aspirations of last year’s Durban climate summit,...
More »Why direct cash transfer shouldn’t be used to kill the PDS -G Pramod Kumar
-First Post If we are willing to believe the best practice examples of cash transfers from Brazil and Philippines, and trust the UPA on the fact that their cash-for-subsidy is going to be all hunky-dory, we also have a right to believe Sitaram Yechury’s concerns about the fancy plan. According to the CPM leader, the cash transfer is a ploy by the government to dismantle the PDS and systematically reduce subsidies. “This is...
More »Stop fresh investments in KG-D6: CAG -Sanjay Dutta
-The Times of India The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries's KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the ministry, a top CAG functionary also suggested a similar action for the Panna-Mukta and Tapti (PMT) group...
More »Women, work and a winning combination -Sarada Muraleedharan
-The Hindu Kerala’s Kudumbashree network and the rural employment guarantee scheme have converged to provide a unique model of empowerment An incredible story of empowerment has been unfolding in the wake of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) programme in the State of Kerala. This is the story of how a socially engineered convergence of the scheme with panchayati raj institutions and the State sponsored community network of poor...
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