THE NEWS IN PROPORTION
24 September 2014
ECONOMY : TRADE

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GLOBAL TRADE
Will The NYT bat against Washington apples in India?

A recent editorial in The New York Times rightly recognises the flaws of a growth model driven by lower trade barriers. But Devinder Sharma wonders if the American daily will take a stand and extend its arguments to champion the cause of all nations, including India.

Agricultural Trade Economy Devinder Sharma

CONTROLLING THE CAD
Who's importing all that gold?
The Indian government has stopped short of imposing effective controls on gold imports despite the soaring current account deficit and its concomitant ills. Kannan Kasturi examines recent trends in gold demand to see if the government's rationale behind the soft policy holds good.
Economy

THE ECONOMY
Our cheese has moved, and only we must find it
The drying up of the dollar and the resultant plummet of the rupee reflects on the government's flawed economic strategy. Shyam Sekhar draws upon the famous business fable Who Moved My Cheese? to show the kind of behaviour and actions that could resolve the crisis now.
Economy Opinions

ECONOMY AND THE 'AAM AADMI'
Why the Current Account Deficit matters to you and me
India's current account deficit reached alarming levels in the year 2012-13. Kannan Kasturi provides a historical context and lucid explanation of the phenomenon and rues the government's shocking lack of action.
Economy Government

OUTWARD INVESTMENTS
FDI in reverse
It is far from clear if capital exports out of India are good for India. What is apparent, from their enthusiasm, is that Indian companies believe it is good for them. Kannan Kasturi reports.
Economy

RETAIL SECTOR
FDI: Just the facts, please
Whether foreign direct invesmtent in retail in India is good or bad should be judged by a reasoned debate based on facts, not hyperbole and exaggeration. Jacob John reports.
Consumers Economy

MARKETS
Welcome, foreign investors!
In search of new funds to keep the growth story alive, the Centre opens the doors to foreign investment a little further.
Economy

SCALING INNOVATION
Areca leaf chappals seek market lift
Three and half decades after a scientist demonstrated the idea, chappals made with areca leaf sheaths have hit the market from Kerala. Shrikrishna D writes about the early success and challenges.
Environment KERALA

INTELLECTUAL PROPERTY
Varanasi weavers get GI protection
The country's latest Geographical Indication certificate offers some new hope - of putting the sheen and colour back in a vital piece of Indian heritage, and livelihoods linked to it. Puja Awasthi reports.
Economy U.P.

GLOBAL FINANCIAL REFORM
G20: The 'trillion' dollar magic trick
To great fanfare, the G20 announced a US $1.1 trillion global package, which will actually deliver less than half that amount in new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off the agenda.
Economy

PUSHING SEZs
Paying no heed to groundswell of opinion
A range of criticisms raised at a recent seminar in Mumbai are a sufficient indication of the extent to which SEZs are being pushed as a government policy without any public consultation on their pros and cons. The seminar, on SEZs and their implications for urban planning, was held at the Rachana Sansad School of Architecture. Darryl D'Monte reports.
Government
INDO-US WHEAT ROW
Weeding out wheat
Claiming highest quality standards in the world when it comes to its own agricultural imports, the United States has no qualms in exporting sub-standard wheat to India. US participation in India's wheat procurement cannot be at the cost of India softening quarantine standards, says Devinder Sharma.
Devinder Sharma OP-ED Agriculture Policy
OPINION/ECONOMIC ANALYSIS
Growing credibility gap
It is widely accepted that agricultural subsidies in developed nations are distorting global agriculture trade. And yet, Purdue University and the World Bank are cleverly using economic models and simulated 'welfare gains' to push for market access in developing nations. Therein lies a danger, says Devinder Sharma.
Devinder Sharma OP-ED
 

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From Aug 2013, published with support from Oorvani Foundation, a champion of public-funded media for the new India.

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