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Economic Survey 2011: Allow phased opening of FDI in multi-brand retail

The Economic Survey on Friday favoured a phased opening of foreign direct investments in multi-brand retail saying it could help address concerns of consumers and farmers, besides bringing technical know-how. Even as the debate over FDI continues, the survey said during 2011-12, projects worth Rs 24,143 crore are expected to be completed adding a capacity of 168.6 lakh square feet. "Permitting FDI in retail in a phased manner beginning with metros and...

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Increase outlay for higher and technical education by Dhiraj Mathur

The government passed the historic Right to Education Act (RTE Act) making education a fundamental right of every child.The Act makes it obligatory for the government to ensure that every child in the six to 14 years age group gets free elementary education.According to government estimates, there are nearly 220 million children in the relevant age group, of which 4.6%, or nearly 9.2 million, are out of school.Under the Act,...

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How not to tackle the black economy in India by Arun Kumar

Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....

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Govt raises poll expenditure LIMit

In an attempt to deal with the use of black money in elections, the maximum poll expenditure for parliamentary constituencies has been increased to Rs 40 lakh and to Rs 16 lakh for assembly constituencies. Expenditure LIMit varies according to the size of states. On Wednesday, law ministry issued a notification amending the Conduct of Election Rules. At present, in big states, the upper spending LIMit in parliamentary constituency is Rs...

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NAC undermined by Praful Bidwai

By stubbornly overruling the National Advisory Council, the government risks defeating its purpose as a body that speaks for the poor and the disadvantaged. HAS the Manmohan Singh government begun to regard the National Advisory Council (NAC) as an adversary who should be undermined? Going by their exchanges on key issues such as food security, wages under the National Rural Employment Guarantee Act (NREGA), and the implementation of the Scheduled Tribes...

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