-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...

-DNA The notice has been served to ‘the people’. The Justice Verma Committee, set up to review the present criminal laws relating to safety and security with an eye to amend them, has asked ‘all members of the public’ among others to respond with ideas, knowledge and experience, to assist the committee in reaching its objective. The notice has been published in many newspapers. This mode of public consultation is not new....

-Outlook Rape trials must end within two months as stipulated under law, the Supreme Court has said directing trial courts to "strictly adhere" to existing norms while asking them to rule out the possibility of "manoeuvring" through undue long adjournments. A bench of justices Swatanter Kumar and Fakkir Mohammed Ibrahim Kalifulla gave their judgement on December 6, 10 days before the Delhi gangrape which triggered nation-wide outrage with strong demands for fast-tracking...

-Frontline The Congress-led UPA seems to be betting heavily on the cash transfer scheme as a means to return to power in the next general elections. DECEMBER 2012 may go down in history as the month when the Congress party created its own “India Shining” moment: the moment when it started believing its own hype, and even deluded itself into thinking that its perception was so widely shared that it could provide...

-Frontline The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance...