SCIENCE & DEVELOPMENT

Walmart’s Acquisition of Flipkart and What it Means for India

WALMART’S 14 billion dollar acquisition of Flipkart has sent the Indian financial press into a tizzy: the biggest deal in India ever, the biggest ever global ecommerce acquisition, etc. What it means for the Indian retailers, who employ about 40 million people, having Amazon and Walmart, two of the most brutal employers in the world dominating the Indian market, does not find place in these writings. Or that the BJP government has been in clear violation of its election promise of not permitting foreign capital to enter multi-brand retail.

New Defence Production Policy: Alice in Wonderland!

THE government recently announced a long-delayed Defence Production Policy (DPP 2018), coming after many years of continually updated defence procurement policies whose emphasis was on purchase of military hardware, invariably from foreign sources. These columns have long advocated the need for a defence production policy, with an emphasis on indigenous technology development and manufacturing, without which India would continue on the path of serial imports with consequent external dependence, security risk, and erosion of sovereignty.

Hacking Democracy with Big Data, Fake News and Big Money

STARTING with the Channel 4 exposé of Cambridge Analytica, and now the NaMo app that sends data to Clevertap.com, we are beginning to realise the impact of big data on elections. If we combine this with fake news – the recent MIT report that shows how fake or false news travels faster, deeper and wider than real news – we realise the danger of uncontrolled use of new technologies.

The Delhi Solar Summit: Posturing without Substance

THE International Solar Alliance (ISA) that met in Delhi recently, is envisaged as a grand inter-governmental coalition of sun-rich nations, i.e., countries that lie fully or partially between the Tropics of Cancer and Capricorn. The objective of the ISA is to facilitate members to ‘collectively address key challenges to scaling up solar energy’. These ‘key challenges’, as understood by the ISA Framework Agreement, include solar finance, solar technologies, innovation, research and development, and capacity building.

Who is Cheering for ‘Modicare’?

HYPERBOLES are the hallmark of the Modi government, especially empty hyperboles that are passed off as public policy. Finance Minister Arun Jaitley’s announcement during his budget speech, of the world’s “largest government funded health care programme”, outdid all previous records of the Modi government in making inflated claims. Quickly named ‘Modicare’ by the spin doctors of the BJP, the announcement was lapped up unquestioningly by sections of the corporate controlled media.

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