Further political unrest in Andhra Pradesh may lead to jobs and investment being moved out of the state, industry bodies have warned amid the Telangana tension. “The politicians should realise that companies have the option to move jobs elsewhere,” Som Mittal, president of software industry body Nasscom, said at the weekend. He cited how jobs were moved out of Visakhapatnam to Chennai and Pune because of the counter-Telangana protests in 2009. “We have...
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BJP move to form national alliance of farmers' bodies
The first tentative moves towards the formation of a representative body of farmers — the National Alliance of Farmers' Associations — were made by the Bharatiya Janata Party at a meeting here over the week-end. The BJP said it was of the view that efforts must be made to set up a farmers' organisation akin to the Confederation of Indian Industry and the Federation of Indian Chambers of Commerce and Industry...
More »Bharti Wal-Mart to enroll 35,000 farmers by Rasul Bailay
Bharti Wal-Mart Pvt. Ltd, the 50:50 wholesale retailing joint venture between Wal-Mart Stores Inc. of the US and India’s Bharti Enterprises Ltd, plans to enlist about 35,000 farmers in the next 5-year to source fresh produce as it opens more stores. Currently, Bharti Wal-Mart sources fruits and vegetables from more than 600 farmers in Punjab and other states. Last week, it opened its fourth Best Price Modern Wholesale store in Kota...
More »India flexible for Doha trade deal
India is taking proactive measures and ready to make concessions to ensure a successful conclusion of the Doha round of multilateral trade talks, an official said here Tuesday. Commerce and Industry Minister Anand Sharma is scheduled to meet World Trade Organisation (WTO) Director-General Pascal Lamy, chairs of the sub-groups on agriculture, industrial products and services and ambassadors of various informal groupings at the WTO headquarters in Geneva Wednesday to push for...
More »Indian firms find Africa fertile ground for contract farming by Utpal Bhaskar and Shauvik Ghosh
State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...
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