-The Times of India The bad news is hidden inside the good news. Seemingly comforting headlines tell us that inflation has hit a three-year low, with wholesale price increases slowing down to 7.2% in December. But the common man will take a hit with prices of food products shooting up by 11.2% - the highest increase in almost two years. Unlike in previous years, when increasing food prices were attributed to...

-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...

-Tehelka While Delhi government says it will eliminate leakages in the supply chain of food distribution, activists say it will take away the rights of the poor who require food entitlements rather than cash When Chief Minister of Delhi Sheila Dikshit fumbled a bit in front of 5,000 people while delivering her speech at the launch of Annshree Yojna, the audience let out a collective gasp and began murmuring loudly. Dikshit had...