News According to the Department of Industrial Policy and Promotion, foreign direct investment (FDI) into India reached highest point during the current fiscal year. India needs large investments—foreign as well as domestic—to meet its vast requirements. Issue Is Foreign Direct Investment (FDI) a secure financing (short term gain)or a long term pain? FDI is virtually… Continue reading FDI inflows: short term gain, long-term pain?
Context Talks on the Bilateral Trade and Investment Agreement—the official title of the free trade pact—started in 2007 but progress has been tardy and marked by flip-flops. What EU wants? The European Union has said that it offered India the possibility of asymmetric and gradual elimination of tariffs in the car and car parts (upto 100% import… Continue reading EU had offered India gradual, asymmetric elimination of tariffs
Severe drought has occurred in south east asia and the main reason for this is rapid construction of dam by China at upstreams. Now Beijing is trying to legitimatise it by releasing water to drought hit nation in Lower Mekong river basin i.e. China is touting the utility of its upstream structures in fighting droughts… Continue reading China’s water hegemony in Asia
National Court of Appeal (NCA) Already discussed, refer the following articles in the same sequence:- Constitution Bench to decide on National Court of Appeal Not a court of everyday appeal Additional Points Why NCA is a good idea: 1. The Supreme Court will maintain its place as the apex court of land and – like… Continue reading Govt. cautions judiciary on NCA
Article Link Summary: Water has now become a political issue for want of proper development and management of the resource. While millions suffer from droughts and floods, waters in the country’s many rivers flow unutilised, and are discharged into the sea every year. In the wake of this crisis, few experts have asked the government… Continue reading Indian River Linking (IRL) project
It should be noted that ‘determination of poverty line’ and ‘identifications of poor/beneficiary’ are almost different things. Poverty line is (was) determined by Planning Commission on the basis of data provided by ‘National Sample Statistical Organization’ (NSSO). NSSO conducts a survey at 5 year interval of a mere sample to capture consumption patterns of various… Continue reading Poverty Line in India: Its Meaning, Concept and Evolution