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Bharat bandh evokes mixed response; train services disrupted

-The Times of India The opposition-sponsored Bharat bandh demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas cylinders and allow foreign direct investment in multi-brand retail has evoked mixed response across the nation. Besides the NDA and the Left, the Thursday shutdown has the support of parties like the Samajwadi Party, the TDP, the BJD and many others. In Tamil Nadu, the DMK, which is an ally...

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Laissez-Faire Failing World’s Dwindling Water Resources-Stephen Leahy

-IPS News UXBRIDGE, Canada- Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a new report. However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste to the natural world and turning water into a commodity, activists counter. China...

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Govt allows FDI in multi-brand retail, aviation

-Reuters India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh's government as it tries to revive the country's tottering economic growth. The government has decided to allow foreign airlines to buy stakes of up to 49 per cent in local carriers, heavy industries minister Praful Patel said on Friday, in a much-awaited policy move that...

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Rise of crony journalism and tainted money in media -R Jagannathan

-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...

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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....

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