Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...

India Against Corruption' spearheaded by Anna Hazare achieved spectacular success in harnessing public anger against corruption and converted it into perceived movement to drive home the seriousness behind their demand for Lokpal. Anna's 97-hour-long fast at Jantar Mantar in April forced the polity and political parties to admit the need for urgent legislative measures to assuage the public, who had now found a perfect icon in Anna to vent their frustration...

-The Hindu   The government's decision on a sub-quota of 4.5 per cent for minorities within the overall 27 per cent reservation for the backward classes promises to be the new trigger for a heated political discourse just ahead of several Assembly elections, including the all-important poll in Uttar Pradesh just a few months away. More than a decade ago, the V.P. Singh government ushered in the ‘Mandal revolution' in North India. It...

The quantum is well below expectations of Muslims who have been pressing for exclusive reservation of 10% The Union government's much-anticipated quota-within-quota sop for minorities as a whole has left Muslim groups confused and groping for answers. On Thursday, the Union Cabinet marked off 4.5 percentage points from within the 27 per cent OBC Central quota, allocating the share to religious minorities, among them Muslims, Sikhs, Christians and Jains. (In the 2001...

The setting aside of 50% of seats in the proposed Lokpal for Scheduled Castes, Scheduled Tribes, Other Backward Classes, women and minorities, triggered a sharp debate within parties today around a central, normative question: should social diversity, especially inclusion of minorities, weigh in an empowered body to “fight corruption?”   While the BJP has opposed it and Team Anna, caught off-guard on a sensitive political issue, has declined to comment, legal experts...