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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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Government's cash transfer: old wine in new bottle -Chetan Chauhan

-The Hindustan Times The direct cash transfer in 42 schemes to start from next year is old wine in new bottle with beneficiaries under these schemes already receiving money directly into their bank accounts. Finance minister P Chidambaram and rural development minister Jairam Ramesh on Tuesday announced that money under these 42 schemes of the central government would be transferred directly into bank accounts of beneficiaries in 51 districts from next January. The list...

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The quiet grip of caste -Jean Drèze

-The Hindustan Times Some time ago I visited a Dalit hamlet in Rewa district. It was hemmed in on all sides by the fields of upper-caste farmers, who refused to allow any approach road to reach the hamlet. There were short roads inside the hamlet, but they stopped abruptly at the edge of it. The hamlet felt like an island, surrounded by hostile territory. I wondered whether any other country still...

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Striking at the root of corruption -Shailaja Chandra

-The Hindu Cleansing political parties and elections of illegal money is the first step towards tackling the evil of graft Corruption is nothing but a reflection of the distribution of power within societies. The country is where it is because the political system is self-perpetrating and no party is accountable to anyone except a coterie of people that dominates all decisions. Unless the political system is accountable, going after individual cases of...

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Now, once-a-week diabetes drug in the works -Kounteya Sinha

-The Times of India A once-a-week medicine for diabetics — a disease that affects nearly 63 million Indians — could soon become a reality. Studies on diabetes have seen a global upsurge, with the latest data showing that bio-pharmaceutical research companies across the globe are busy developing 221 innovative new medicines. The drugs, which will help around 347 million patients include new therapies that target key abnormalities of pancreatic cells, increase insulin secretion...

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