What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization.  Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...

The stalemate in relation to the Kuda­nkulam Nuclear Po­wer Project (KK­N­PP) continues despite the ‘fail-safe’ certificate issued by former Indian President Abdul Kalam and the central panel of experts headed by A E Muthunayagam. The representatives of the people of that area are still saying, “We will never settle down for anything less than the scrapping of the KKNPP.” Srikumar Banerjee, secretary of the department of atomic energy, has expressed...

-The Telegraph   The Trinamul Congress will oppose foreign direct investment (FDI) in retail and pension funds as well as changes in rules that will allow foreign airlines to invest in Indian carriers. Mamata Banerjee has instructed her sole member of the cabinet — railway minister Dinesh Trivedi — to oppose the retail proposal at tomorrow’s cabinet meeting, the minister confirmed today. The Trinamul roadblock is being seen as an attempt to reaffirm its...

-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....

-The Times of India   After debating the issue for over a decade, the government on Thursday threw open the multi-brand retail segment to foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition's ability to push through big-bang reforms.  After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in...