India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...
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Vested interests trying to discredit Lokpal bill: Arvind Kejriwal
-The Economic Times Lok Pal bill joint draft committee member Arvind Kejriwal today alleged that vested interests seemed to have ganged up to discredit the proposed legislation by unleashing a sustained campaign to spread misconceptions and falsehood. He said vested interests first made an attack on the individual members of the committee and now they are attacking the bill per se questioning the provisions of the bill. "You would see various articles...
More »Rs 17,000-cr warning for India's food gamble by Samar Halarnkar
Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...
More »India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »Aborting girls on rise among educated and rich
-The Hindustan Times Rich and educated Indian parents are increasingly aborting a second girl child and instead waiting for a boy, driving 90% of the country’s citizens into zones with sex ratios that are unnaturally and often dangerously low. The sex ratio for second-born children in families where the first-born is a girl has dropped overall from 906 girls per 1000 boys in 1990 to 836 in 2005, new research published in...
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