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Untenable critiques sowing confusion on supposed ill-effects of retail FDI-Jagdish Bhagwati & Rajeev Kohli

-The Economic Times Retail sector liberalisation has been revived and included in Prime Minister Manmohan Singh's package of big-bang reforms announced recently. This was to be expected as an element of the package since the influential minister Jairam Ramesh, who has access to Sonia Gandhi and is identified with her NGO-dominated set of advisers whose knowledge of economics is outweighed by their enthusiasm, had already announced his conversion to retail sector...

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Centre has not followed legal route for FDI in retail: SC -Dhananjay Mahapatra

-The Times of India The Supreme Court has said that the UPA govt did not follow the proper legal route while allowing 100% FDI in retail trade. The apex court gave the government time till November 5 to amend the FEMA policy decision as per the legal requirements. The attorney general informed the court that the RBI is pursuing the amendments and the process would be expedited. In September, the government introduced new laws...

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Effort to save midday meals

-The Telegraph Union minister Kapil Sibal has promised measures to ensure that the Centre’s curbs on cooking-gas subsidy would not derail the midday meal scheme that serves eight crore children in 12 lakh elementary schools. The Telegraph had reported on Wednesday that self-help groups had stopped preparing midday meals in over 50 primary schools in North 24-Parganas since Monday saying they could not afford the cylinders’ new price. Chief minister MAMata Banerjee had...

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No agenda for real change

-The Hindustan Times The transformation from street corner protester to elected representative is never an easy one. In the case of some politicians, they never quite get over their penchant for tub-thumping, as we can see to some extent in MAMata Banerjee. Reading Arvind Kejriwal’s vision document and listening to his utterances, it would be no exaggeration to say that the transformation is going to be very difficult for him. Wearing...

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