-CNN-IBN As the Cabinet meets to decide on allowing Foreign Direct Investment (FDI) in the multi-brand retail, it remains to be seen whether the Prime Minister will bite the bullet. The Bharatiya Janata Party (BJP), the Left, UPA ally Trinamool Congress along with some Cabinet ministers Veerappa Moily and Mukul Wasnik have opposed it. While the BJP feels that FDI will lead to unemployment, the Left has said that it may lead...

A taskforce, headed by Unique Identification Authority chief Nandan Nilekani, has recommended the setting up of a dedicated mechanism for end-to-end computerization of public distribution system (PDS) across the country to check pilferage. Once the taskforce's report is implemented, PDS consumers will have a choice to either get subsidized goods from their preferred locations or receive cash as the panel wants to give maximum choices to the beneficiaries. Consumers can go to...

The Planning Commission's Approach Paper to the Twelfth Plan sticks with the neoliberal agenda despite claims of inclusive growth. INCLUSIVE was one word that came up time and again in the early announcements of the Planning Commission on the Twelfth Five-Year Plan. “Faster, Sustainable and More Inclusive Growth” was the slogan coined for the Plan and there was the promise of widespread consultations as never before as part of the processes...

The government of India's Rashtriya Swasthya Bima Yojana (RSBY)a¦ is now internationally recognised for its innovative approach to harnessing information technology to reach the poor, says the World Bank in the context of the smart card-based cashless health insurance scheme. The RSBY has now been picked up by UNDP as one of the 19 schemes worldwide for its publication, Sharing Innovative Experience: Social Protection Floor Success Stories. About 20 million...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...