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Left Parties to Oppose FDI in Retail in Parliament

-Outlook The issue of FDI in retail is expected to generate a storm in the Winter Session of Parliament beginning next week, with the Left parties today announcing their decision to move motions entailing voting to oppose the government's proposal. At a time when BJP and several other parties have also opposed FDI in retail, the Left leaders said they have appealed to all parties to support the motions in both Houses...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Roots of inequality -Divya Trivedi

-The Hindu In forestry jobs equal pay is still a distant dream for women Women are preferred by the forestry staff and contractors for certain forestry operations, like nursery work, transplanting and tendu leaf collection. The work is either contracted on a daily wage-rate or a piece-rate basis. However, women often get lower wages than men for similar work, are not paid regularly and are subjected to harassment if they complain. In a...

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For a few dollars more -Dipankar Bhattacharyya

-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...

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A claim to shame -Sitaram Yechury

-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...

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