-The Indian Express The finance ministry has come to an agreement with the department of industrial policy and promotion about what the government’s policy towards foreign direct investment in retail should look like. This means the retail FDI proposal will be placed before the cabinet soon, and hopefully will be cleared as soon as possible. Currently, only 51 per cent foreign investment is permitted, and only in stores selling a single...
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The environmental cost of diesel subsidy by Sunita Narain
Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »Dantewada's dilemma by Smita Gupta
The tribal people of Chhattisgarh are in an extremely dangerous situation, caught as they are between the state forces and the Maoists. THIRTY-SIX-YEAR-OLD Soni Sori, an Adivasi schoolteacher from Chhattisgarh, was arrested in Delhi on October 4 on charges of acting as a conduit between the Essar group and the Maoists, the former accused of giving “protection money” to the latter. On October 7, she moved the Delhi High Court to...
More »Lokpal Movement: Unanswered Questions by Gautam Navlakha
Why is it that the Anna Hazare-led movement against corruption does not seek to have the Lokpal cover NGOs, corporate houses and the corporate media? Gautam Navlakha (gnavlakha@gmail.com) is a member of the People’s Union for Democratic Rights, Delhi. It would be churlish to dismiss “Team Anna’s” mass mobilisation which is an assertion of our collective right to protest. This is especially so in view of the fact that after having waited...
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