-The Times of India The budget session of Parliament could again be stormy with NDA and Left parties coming together to oppose FDI in retail. BJP, CPI and JD(U) on Tuesday said the government may have got the bill passed in Lok Sabha but it should not feel victorious as they would not let it pass in Rajya Sabha. BJP leader Murli Manohar Joshi even said that if NDA came to power, it...
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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...
More »Policy Decision Delays Hitting Eco Growth: Raman Singh
-Outlook Opposing direct cash transfer and FDI in retail, Chhattisgarh Chief Minister Raman Singh today said inordinate delay in decision making and complicated procedures for statutory clearances were hurting the country's economy growth and investor sentiment. He told a meeting of National Development Council (NDC) here, chaired by Prime Minister Manmohan Singh, that the 12th plan has been made on "patronage model" and impinges on the autonomy of the states by making...
More »What did Doha achieve? -RK Pachauri
-The Indian Express The 18th Conference of the Parties (CoP 18) to the UN Framework Convention on Climate Change (UNFCCC) took place in Doha over two weeks, ending on December 7. There was a range of expectations expressed before the meeting. To resolve competing claims for hosting the conference, it was decided that Korea would host a pre-CoP meeting to help prepare for the CoP itself. The 17th CoP had been...
More »Emissions cuts start at home -Priscilla Jebaraj
-The Hindu THE SUNDAY STORY In 2007, energy sector (including power, transport, residential electricity was responsible for 58 per cent of emissions, industry for 22 per cent and agriculture, 17 per cent. After focussing on the international climate change negotiations in Doha earlier this month, the spotlight is shifting back to the domestic scene. India can point the finger at the failure of rich countries to check the growth of their greenhouse...
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