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So little free trade, so what? : Why trade integration is a bad idea for South Asia |
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Saturday, 23 August 2008 |
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Benny Kuruvilla(1)
Focus on the Global South
August 2008
South Asia’s talking shop – the South Asian Association for Regional Cooperation (SAARC) - held yet another annual summit from 2 -3 August 2008 with the usual entourage of ministers, bureaucrats, media, think tanks and NGOs descending into Colombo. Over 1200 delegates attended the 15th summit of the 8 member club, considered the world’s largest regional grouping(2). The spotlight was expected to be on the food and energy crisis, but bombings in the last week of July in the Indian cities of Bangalore and Ahmedabad ensured that the ‘fight against terrorism’ became the centre piece of the conclave. The Colombo declaration titled ‘Partnership for the growth of our people’ emphasised, more than anything else, the need for the strongest possible cooperation in fighting terror and trans- national organised crime (3). There were sections on climate change and a separate statement on food security. This was a positive step as concrete initiatives to deal with the climate crisis, rising food prices, declining agrarian incomes and ensuring food security will be welcome. But there was also a lame section in the declaration on the nearly defunct free trade treaty for the region, the Agreement for a South Asian Free Trade Area (SAFTA). The absence of any serious commitment from the SAARC political leadership to move ahead on SAFTA met with criticism from business quarters. Expressing disappointment on the lack of concrete steps to invigorate free trade in the region, Tariq Sayeed the President of the SAARC Chamber of Commerce & Industry (SAARC CCI) said ‘hunger and terrorism are undoubtedly vital issues for a region like South Asia, but promoting trade and entrepreneurship could be the best answer to deal with such issues’ (4).
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Ulhasnagar’s Water under Corporate Control |
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Saturday, 23 August 2008 |
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by Britt Fremstad
In Ulhasnagar, a suburb 60 km northeast of Mumbai, a large water privatization project is just getting underway. In December 2006 the Ulhasnagar Municipal Corporation (UMC) granted a Rs. 94 crore BOT (build-operate-transfer) contract to two Indian companies, Pratibha Industries Ltd and Unity Infraprojects Ltd.(1) The 30-year concession contract will be spilt evenly between the two companies and involves “complete design, development of independent water source, and augmentation of existing water supply scheme up to service reservoirs, [and] operation and maintenance of the scheme.”(2) As with most concession-type contracts, the company’s revenue’s will be derived from its sale of treated water to UMC.(3) The companies intend to supply the UMC with 118 million litres/day of treated water for a rate of Rs. 5.28/m3.(4) (Comparatively, many of Mumbai’s residents pay only Rs. 3.5/m3).(5)
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Report of the discussion on Cluster approach to Redevelopment in Mumbai |
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Saturday, 23 August 2008 |
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Report of the discussion on Proposed modification to DCR 33(9) (Cluster approach to redevelopment)
13th August 2008
To cope with the growing needs of the city and ambitions of the elite to make Mumbai a world-class Shanghai-like city, the government of Maharashtra is floating various urban development, urban renewal, and redevelopment schemes. The most recent one is the proposed modification to DCR 33(9) for Greater Mumbai. The intention of this said policy is incentivising redevelopment of old and dilapidated buildings / cessed buildings through cluster approach in Urban Renewal Scheme.
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WTO Heads up: Lamy and Nath schmooze in Delhi |
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Saturday, 23 August 2008 |
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Focus on the Global South - update
August 2008
Smarting from yet another failure to conclude the Doha trade talks, Pascal Lamy was quick on the rebound. He was in New Delhi from 12-13 August 2008 at the 25th anniversary of CUTS International and used the opportunity to lobby with both Prime Minster Manmohan Singh and Commerce Minister Kamal Nath to gauge if they were willing to stick their necks out again if the WTO made another last ditch attempt on Doha before the year end.
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