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Retail FDI takes effect -Jayanta Roy Chowdhury

-The Telegraph   Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...

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Rise of crony journalism and tainted money in media -R Jagannathan

-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...

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Designing food systems to protect nature and get rid of hunger -Vandana Shiva

Industrialisation of agriculture creates hunger and malnutrition, destroying the food web to which we all belong. Hunger and malnutrition is manmade. It is in the design of the industrial chemical model of agriculture. And just as hunger has been created by design, producing healthy and nutritious food for all can be designed through food democracy. That is what we do in Navdanya. That is what the diverse movements for food sovereignty...

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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak

-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way.  Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....

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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

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