-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...

-Frontline The Land Acquisition, Resettlement and Rehabilitation Bill is an attempt to circumvent the hurdles before acquisition, such as rehabilitation of land losers, without much increasing the cost of land. THE preamble to the draft Land Acquisition, Resettlement and Rehabilitation (LARR) Bill is very noble; it talks about a “humane, informed, consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisation with the least disturbance...

-Outlook Farmers refuse to give up land for industry On the one hand, Madhya Pradesh chief minister Shivraj Singh Chauhan, who calls himself a ‘kisan ka beta’, wants to earn a following with farmers. On the other hand, he wants to be seen as investor-friendly. But industry needs land; so do farmers. And farmers seem unwilling to give up their land. Whatever the price offered. On November 13, Sunia Bai, a...

-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...

-The Hindu THE SUNDAY STORY An analysis of the output from 18 different global climate models indicates that India’s average annual surface air temperature could go up by between four degrees Celsius and seven degrees Celsius by the end of this century. The warning signs are already out there. Global air and ocean temperatures have risen in response to human-driven emissions, particularly of carbon dioxide. Oceans have become more acidic and the...