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.
draws upon the famous business fable Who Moved My Cheese? to show the kind of behaviour and actions that could resolve the crisis.
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.
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.
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.
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.
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.
GLOBAL FINANCIAL REFORM
G20: The 'trillion' dollar magic trick
Of the $1.1 trillion global package, less than half is from new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off
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.
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
OPINION/WTO DOHA ROUND
Under pressure, India makes U-turn
At a two-day international seminar on "Saving Doha and delivering on
development" that concluded at New Delhi on 13 March, India's Commerce Minister
Kamal Nath provided ample evidence of India's willingness to go along with the
rich and industrialised countries. The writing is on the wall, says
Traditional knowledge receives a boost
The government's recent traditional knowledge digital library will send data
to patent offices abroad, so that indigenous knowledge that India abundantly has is not patented overseas.
SPECIAL ECONOMIC ZONES
SEZs: Invitation to chaos?
A Marathi booklet published by the Pune-based National Centre for Advocacy Studies reveals a number of
lesser known facts about the latest controversy in Indian development, Special Economic Zones.
PATENTS AND LIVELIHOODS
Engineering crops, distorting trade
When technological change has the potential to put the livelihoods of hundreds of millions of people at risk, it must be regulated
differently from other products in a free market.
Darjeeling tea's lessons for handlooms
The central government launched the Handloom Mark scheme in June 2006. The idea is to popularise handloom products in domestic as well as
GLOBALISATION AFTER 9/11
The 'Free trade' explosion
What could not be achieved through a multilateral trade regime, is now being pursued by the US through bilateral and regional deals.
connects the dots.
Does Jamnagar diesel equal Basmati?
Last year, Reliance Industries Ltd. had filed a geographical indications (GI) application for its Krishna-Godavari gas and Jamnagar petroleum products, despite the fact that the products are not characteristically attributable to geography.
finds that if RIL is granted the GI, it will gain exclusive benefits that it has no rightful claim over.
EXPORT PROCESSING ZONES
The high cost of 'easy' foreign exchange
A new sop came into effect for net-foreign exchange earning businesses in
designated export zones from February 10 -- a 15-year income tax holiday.
But are the costs of the revenues foregone worth the claimed benefits of
more investment and jobs?
examines the reality and does not find a rosy picture.
Basmati beset by debate and delay
More than a year after the application for recognising Basmati as a GI was filed, there is still no way to be
certain if the grain on our plates is the real thing. As a result, a lot of the rice packed and sold in
Haryana is called basmati, and traders in other countries too freely use the name.
WTO AND INDIAN LAW
Let the WTO's will be done?
"GATT is a calamity if the Constitution of India has validity", said Justice Krishna Iyer.
that the lack of ratification by Parliament of decisions taken by India at the WTO
dilutes the separation of powers, and also treads on States' jurisdictions. This
could have far reaching effects on Indian legislation.
Combat Law #4.5
WTO HONG KONG MINISTERIAL
Much ado about nothing
For the sixth time in a row, the trade ministers of the developing
world have been duped to believe that agricultural trade is for
development. Despite making loud noises and fuming over injustice,
the faulty framework that underlies the WTO remains very much in place, says
This Seeds Bill must go
The National Seeds Bill was recently studied by a parliamentary standing committee after being introduced
in the Rajya Sabha late last year. The bill has provoked controversy because it is seen as seeking to shift
control of seeds from farmers to seed firms.
provides a critique.
The whole world's bhujia
A new study confirms that traditional production in small communities faces grave threats from globalisation. The
of employment linked to local consumption is eroded, and traditional knowledge too is being lost.
This has particularly harsh consequences for women,
N P Chekkutty
Amended Patents Act: A critique
India's recent position on patents means that it is going to make its products extremely expensive and out of reach for
its own people and their brethren within the developing world.
B K Keayla
critiques the direction the Indian government is taking with the new patent laws.
GI protection: too little, too slow
The registration of Geographical Indications in the country has been slow to get off the ground. At a time when spurious
rip-offs are abundant, the government isn't paying adequate attention to ensure speedier registration
that would help tap
the potential markets for India's rich bioversity.
TRADE AND TRADITIONAL KNOWLEDGE
Combating biopiracy - the legal way
Can something be 'novel' if it is already well known? Patent offices in some countries require only
that the patented bits be novel in their own country, and completely ignored the knowledge of other nations.
Countries like India that are rich in biodiversity and traditional knowledge are seeking to end this biopiracy.
looks at the issues involved.
Tsunami, mangroves and market economy
The Tsunami of 26 December did not invade several coastlines around
the Indian ocean to the degree it did many others because of mangroves
and coral reefs. Mangroves offer double protection, but India has seen
their rampant cutting down in favour of tourism and shrimp farming,