The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Why are farmers of Hoshangabad committing suicide?
-ANI The statistics for farmer suicides in India are as striking as they are shameful. One farmer suicide every 30 minutes in 2009, screamed a NYU School of Law report earlier this year. If one accepts that many suicides also go unreported, even this shocking statistics is perhaps an under-estimation. Why, then, would another three suicides, this time in Madhya Pradesh's Hoshangabad District, be newsworthy? For one, the suicides took place during the...
More »Markers and Supermarkets by Sukanta Chaudhuri
Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...
More »Tripura practises Jhum in 17,000 hectares for paddy
-The Shillong Times The Tripura government has targeted to achieve paddy cultivation in more than 17,000 hectares of hill land under improvised Jhuming (shifting cultivation) method in 2011-12. State’s Agriculture Minister Aghore Debbarma said here on Wednesday that, the traditional method of Jhum (Slash and burn) had been banned in the state few years ago and the government had introduced various rehabilitation packages for the hardcore Jhumias. ”Despite sincere effort and initiative for...
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