Plutarch's Life of Dion contains an interesting anecdote of Dionysius, an avowed and established tyrant, killing his captain, Marsyas. Marsyas had dreamt of cutting Dionysius's throat, and Dionysius killed Marsyas on account of his dream. He based his decision on the assumption that Marsyas would not have dreamt of such a thing by night if he had not thought of it by day. In his seminal work The Spirit of Laws...
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Cong’s big chance and threat by Manini Chatterjee
The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...
More »Do we need a retail regulator? by Suparna Karmakar
Has India done a China to its trade partners? Against huge opposition and popular discontent over the years, the Cabinet last week cleared 51 per cent foreign direct investment (FDI) in multi-brand retail and allowed 100 per cent FDI in single-brand retail. The move appears crafty in that it tries to change the perception of a reform impasse in the government while simultaneously aiding India’s negotiators to meet their peers...
More »Centre slams disgruntled states on FDI retail issue
-The Economic Times The Centre came down heavily on states that are opposing foreign investment in multibrand retail for not making their point when the policy was being formulated and said those opposed had the powers to stop companies from opening stores in their boundaries. Some state governments, including Tamil Nadu and Uttar Pradesh, have opposed the government's proposal to allow 51% foreign direct investment in multi-brand retail and blasted the Centre...
More »Modi-led panel of CMs had suggested organized retail in report to PM
-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM Narendra Modi. In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...
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