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FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

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No consensus on Land Bill

-The Hindu The Group of Ministers (GoM), discussing the controversial Land Acquisition Bill, has failed to reach a consensus at their second meeting on Monday, remaining divided on what percentage of landowners need to consent, as well as if the Bill’s provisions should be applied retrospectively to ongoing acquisitions. “Two or three more meetings are needed to finalise the Bill,” Agriculture Minister Sharad Pawar, who heads the GoM, told journalists after the...

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Politics aside, is Gujarat a great Growth story?-Bibek Debroy

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's Growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

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For a few dollars more -Dipankar Bhattacharyya

-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...

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Water lifeline revives Bharatpur after 10 years -Palak Nandi

-The Times of India JAIPUR/NEW DELHI: After battling water shortages for 10 long years, Bharatpur is again ready to host winged visitors in numbers not seen in the bird sanctuary since the 1990s. Water from the Goverdhan drain reached the park last week, promising a permanent solution to the water woes of Keoladeo Ghana National Park. The Goverdhan project, which became functional last Friday, uses a 17.4km pipeline to pump Yamuna flood...

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