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WTO warns of rising global protectionism

-Reuters   The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned on Friday. Commodities export restrictions from Indian cotton and Ukrainian wheat to Chinese rare earths and coal are "not without hazards", the World Trade Organization said in the report that assesses the protectionist behaviour of more than 180 nations. The...

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Thus Spake Hammurabi by Saikat Datta, Anuradha Raman

As the Lokpal Bill gets mired in a tortuous birthing, the debate shifts to who exactly has the right to pass a law Why Politicians Hate Civil Society     * Unelected activists stealing Parliament’s right to make laws, undercutting role of parliamentarians     * Demands like an all-powerful Lokpal directly impact political-bureaucratic class and the status quo     * Rigid deadlines, fasts unto death to press home issues are akin to holding government...

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A Sezpool Of Factors by Smruti Koppikar

Roadblocks Ahead     * The MIDC has been winding up its plans to set up SEZs     * As many as 28 SEZ proposals, in the government and private sector, were withdrawn or projects denotified in the last six months     * Farmer protests, land acquisition problems, economic downturn and non-feasible tax regimes are cited as reasons for developers backing out. CM Prithviraj Chavan too exercises great caution. *** Mandated to create industrial opportunities in...

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Land Acquisition: Government as a Facilitator is the Best Option by Diptendra Raychaudhuri

When it was almost CERTain that the governments of the country were to take their hands off from total acquisition of land for a private project, the Sonia Gandhi-led National Advisory Council has started thinking otherwise. The thought went out for hundred per cent acquisition by the government. Had this come at the germinal stage of discussion about changes in the colonial Act, it could have resulted in Mamata Banerjee’s face...

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Free rice distribution may be delayed by Rajesh B Nair

* It requires altering the distribution pattern * Permission from Centre needed for procuring additional quantum Implementation of the government decision to enhance the quantity of rice distributed through Public Distribution System outlets may be delayed as altering the distribution pattern followed by the previous administration and meeting the requirement as announced by Chief Minister N. Rangasamy is an arduous task. Immediately after Mr Rangasamy took charge as the Chief Minister on May...

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