Issue Date: Dec 31, 2011
Foreign direct investment or FDI in retail has been sold to the country as a panacea for many ills. It is supposed to create jobs on a large scale, fight inflation by providing food at reasonable rates to urban consumers and also ensure better prices for farmers and other suppliers. But given the experience elsewhere, the Cabinet’s decision to allow 51 per cent FDI in multi-brand retail has raised the political temperature, divided economists and others like few other issues have.
Recent Supreme Court order in Vedanta case holds hope for tribal community life
Butterflies on the roof of the world is a vivid and engaging narrative of the author's rendezvous with the butterflies and moths in particular, and nature in general