-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai
-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...
More »All to the sweat shop-Bhavdeep Kang
-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...
More »Sick Chickens Come Home to Roost -Nidhi Nath Srinivas
-The Economic Times What are the chances that a chicken infected with bird flu will land on your plate? Zero. What are the chances that a bird flu infection will increase the price you pay for chicken and eggs? 100%. A virulent and deadly infection called avian influenza or bird flu is present in our country. The virus usually affects wild fowl which then infect chickens. The virus can survive for...
More »Policies goad Indian farmers to suicide: Civil society-Ashok Kumar
-One World South Asia Reducing incomes, stagnating yields, increasing costs of cultivation, fragmenting of land-holdings and reducing of institutions credit facilities plot the graph of farmers' suicides in India. A national consultation and public hearing on framers' suicides being organised by Action Aid in the capital brought together experts and policy critics to evaluate the progress of government initiatives to respond to the ongoing agrarian crisis. Suicides are only one extreme symptom of...
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