The Union government has tabled two bills in the Lok Sabha in the last week of the winter session. Since one of them is the lok pal bill, it has hijacked virtually all the public attention. This is a pity for two reasons. First, there is considerable doubt whether the lok pal bill — in any form — can really be the magic solution that Team Anna would like us...

The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

Dumps trickle into the rivers and occasionally collapse, flooding homes and fields with muddy water The reddish hills dot large tracts of the Goan landscape—mounds of waste soil and other debris that have been left behind after iron ore was dug out from some 95 mines. Accumulating since the 1960s, the dumps, as they are known, are estimated at 750 million tonnes (mt) and consist of top soil, mud and iron...

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...

-The Telegraph   The main points agreed upon in the Durban talks: Kyoto protocol extension After the failure of Copenhagen in 2009 to come up with a new, internationally-binding deal and only incremental progress a year later in Cancun, a partial legal vacuum had loomed as drafting a new UN treaty is extremely time-consuming. Sunday’s deal extends Kyoto, whose first phase of emissions cuts run from 2008 to the end of 2012. The second commitment...