—Xinhua Deepening degradation and scarcity of land and water resources pose a severe challenge to the world's capacity to meet human demands by 2050, U.N. Food and Agriculture Organisation (FAO) Director-General Jacques Diouf said on Monday. FAO report In the last 50 years, a significant increase in food production combined with demographic pressure and unsustainable agriculture practices have spoiled the land and water systems upon which food production depended, Diouf told a press...

With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...

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...

-The Hindu   In a show of audacity, the United Progressive Alliance government has decided to further open up the retail trade sector to foreign investment. Foreign investors will be permitted to enter the hitherto prohibited multi-brand retail segment and hold equity of up to 51 per cent in the units established. That there is widespread political opposition to this change in policy was known for long. Hence, the move is nothing...

-PTI   Studies suggest that MGNREGA has triggered shortage of labour for agricultural operations like sowing and harvesting in the key agri states and has also pushed up general wage level, Parliament was informed today.   These were the findings of state-level studies conducted by Agro Economic Research Centres under the Ministry of Agriculture, Union Agriculture Minister Sharad Pawar said in a written reply to the Rajya Sabha. The studies were conducted in Karnataka,...