Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...
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The right to fix your education by Yamini Aiyar
On Friday, the Prime Minister launched the Shiksha Ka Haq Abhiyan — a yearlong nationwide campaign for promoting the Right to Education (RTE). As these efforts gain ground, the country faces one important choice: should elementary education be delivered through the current model, which focuses on the expansion of schooling through a top-down, centralised delivery system? Or should we use the RTE as an opportunity to fundamentally alter the current...
More »Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
More »Fighting for the 99 per cent in times of austerity
-The Hindu As the head of the largest trade union federation, Sharan Burrow represents the face of the worker at the high-tables of the world. Ms Burrow is the general secretary of the International Trade Union Confederation (ITUC), which represents 175 million workers in 153 countries. Ahead of this week's G20 Summit in Cannes, Ms. Burrow has, in meetings with the International Monetary Fund (IMF) and European leaders, warned of the...
More »Holding government to account by Wajahat Habibullah
As the Right to Information Act (RTI) celebrated the sixth year of its coming, there has been much heated discussion, often emotional, of the benefits that it has brought and also the challenges with which it has confronted government. This debate came to a head with the prime minister’s inaugural address to the Annual Convention of the Central Information Commission on October 14. It is accepted in all circles that the...
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