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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-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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Red tape holds up financial support for rape victims -Chander Suta Dogra

-The Hindu Rohtak: Even as the government scrambles to assuage angry Crowds protesting against the gang-rape of a girl in New Delhi, it continues to sit on a draft scheme submitted by the National Commission for Women (NCW) in 2010 that seeks to provide financial assistance and support services to rape victims. The scheme, which has also been circulated to the States for them to implement on their own, is bogged down...

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Two-minute solutions

-The Indian Express The protests at Raisina Hill and Jantar Mantar against sexual violence and the way it is dealt with by the system, started off as a genuine and heartfelt mobilisation after the horrific rape of a 23-year-old in south Delhi. Young women and men came together to express their frustration at the way things are, speaking out for women’s freedoms, demanding answers. Yet, the solutions that have been on...

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Towards a secure retirement-Renuka Sane

-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...

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Delhi government launches cash-transfer scheme; activists take out dhikkar rally-Prakhar Jain

-Tehelka While Delhi government says it will eliminate leakages in the supply chain of food distribution, activists say it will take away the rights of the poor who require food entitlements rather than cash When Chief Minister of Delhi Sheila Dikshit fumbled a bit in front of 5,000 people while delivering her speech at the launch of Annshree Yojna, the audience let out a collective gasp and began murmuring loudly. Dikshit had...

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