The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...

While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...

-PTI   Punjab Pradesh Congress Committee President Amarinder Singh on Sunday said that Foreign Direct Investment in retail would boost agricultural-based Economy.of the state.  "Organised multi-brand retail stores are in the interest of both the producers as well as the retailers and consumers," he said.  He pointed out if the farmers have the option of selling directly to retailers, the produce will reach the consumers at a lesser price.  While potatoes sell at an...

After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...

-The Telegraph   Two prominent leaders of India Inc have slammed the way Parliament has virtually been locked down by “misconceived and unfortunate” protests against foreign investment in retail — a decision they termed “an essential part of India’s growth story”. The concerns and an appeal to farmers, consumers and common people have been flagged in an open letter by Ashok Ganguly and Deepak Parekh. Ganguly, a Rajya Sabha MP, is a former...