In opening up the retail trade to foreign equity last week, the Union government demonstrated uncharacteristic courage and conviction. While this policy measure might help dispel doubts about its ability to take decisions, it has raised a political dust-storm more intense and widespread than it had probably bargained for. No doubt, taking a view on the issue of liberalising FDI norms for multi-brand retail had been on the government’s agenda for...

Words of wisdom from Swaminathan commission have fallen on deaf ears The Supreme Court has pulled up the State governments for their callous approach to acquisition of land from farmers and for issuing notifications in violation of the procedure under the Land Acquisition Act. Decrying mindless acquisitions, a Bench of Justices G.S. Singhvi and S.J. Mukhopadhaya said the consequent notifications were nullified by courts on the ground of violation of the mandatory...

UPA’s much-publicised scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), is not creating labour shortage for agriculture and dairy production alone, but the textile and handloom sectors are also facing the heat on this count. A Working Group report on textile and handloom sectors has noted that the scheme was drawing skilled weavers to ‘unskilled’ MGNREGA. It says that high-end weavers are sticking to the profession, but low-end weavers are...

Social activists up in arms against proposed reforms; impact on procurement feared   The Union Government's new move to give primacy in the revised draft of the National Food Security Bill, 2011, to controversial schemes like cash transfers and issuance of food coupons to identified public distribution system beneficiaries in lieu of foodgrain entitlements has got social activists up in arms. The scheme was introduced under ‘Schedule II' in the initial draft of...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...