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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-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...

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FDI in retail: To empower dalits, do away with India’s antiquated retail trading system-Chandra Bhan Prasad and Milind Kamble

-The Economic Times A couple of months ago, the UPA government cleared Foreign Direct Investment (FDI) in retail. It is a politically risky step. But for once, Prime Minister Manmohan Singh showed both spine and spunk biting the bullet. Since then, both Left parties and the BJP have expressed serious reservations over the decision. The general view is that it will affect the lakhs of small, indigenous kirana stores spread across...

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New food security scheme for the poor from Dec. 15 -Gaurav Vivek Bhatnagar

-The Hindu Initially two lakh Delhi families to be paid Rs. 600 per month United Progressive Alliance chairperson Sonia Gandhi has been urged by Delhi Chief Minister Sheila Dikshit to inaugurate the Dilli Annashree Yojana food security scheme under which initially about two lakh families would be paid a sum of Rs. 600 per month from December 15. The Delhi Government, which had set aside Rs. 150 crore for this scheme in its...

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The Coming Famine In India-Binayak Sen

-Mainstream Weekly Dr Binayak Sen, an internationally renowned medical practitioner and social activist (a leading figure in the People’s Union for Civil Liberties), was incarcerated in Chhattisgarh and held in detention in Raipur having been branded as a Maoist for his activities in defence of poor tribals in the State. He is now out on bail. The following is the text of the Arvind Narayan Das Memorial Lecture he delivered in...

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'Irom Sharmila feels fasting is what she is meant to do in life'

-Rediff.com Today, Irom Sharmila, the Manipur civil rights activist, marks 12 years of her fast in protest against the Armed Forces Special Powers Act in the state. She remains in judicial custody where she continues to be force-fed through her nose. Deepti Priya Mehrotra, author of Burning Bright: Irom Sharmila and the Struggle for Peace in Manipur, recalls her association with the Iron Lady of Manipur. I met her initially in October 2006...

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