-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...
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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 »Get the basics right -Harsh Mander
-The Hindustan Times The tempest of public anger and revulsion against violent attacks on women in the nation's capital must catalyse long-delayed changes in laws and their implementation for a more secure and humane world for girls and women to grow up in. The students and young people who faced water cannons and tear gas shells are right in settling for nothing less. High on the list of reforms demanded - and which...
More »Of FDI, Wal-Mart & controversies: An eventful year for retail
-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
More »Direct Cash Transfer System a 'Pure Magic': PC
-Outlook Jaipur: Describing the proposed Direct Cash Transfer scheme a 'pure magic' that brings a big responsibility on banks for its implementation, Finance Minister P Chidambaram today asked bankers to work with the government to make the scheme a success. "Through this unique benefit transfer scheme, money when it is released, will instantaneously be credited in the bank account of the beneficiary, leaving no scope for corruption and pilferage. That is why...
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