-The Hindu The Union government should dispel the States’ fears of centralisation if it wants to rescue the idea from total rejection The idea of a national water framework law mooted by the Central government has run into strong opposition from the Chief Ministers of several States. The aim of this article is to clarify the issues involved for the information of the general public. I am obliged to strike a personal note...

-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...

-The Indian Express The protests in Delhi are generating two sorts of anxiety. The spectacle of a spontaneous, unstructured, unavoidably vague movement borne out of genuine rage has unsettled the establishment. And it will respond the way it does: by recourse to the language of order. The second is a critique that the movement is misdirected: it is blaming government for what is, in fact, a deep social problem. It is...

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

-The Times of India The West Bengal government has managed a turnaround in revenue collection, thanks to innovative use of technology and the impending need to raise resources and repair the state's tattered finances. Data shows tax receipts during the first quarter of 2012-13 have risen 35%. In 2010-11, before the Trinamool Congress-led government came to power, tax collection by the Left Front government stood at Rs 21,000 crore, while in 2012-13...