Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...

Employment Guarantee Scheme experts in the state have slammed Union agriculture minister Sharad Pawar’s proposal of giving a break of three months to the scheme during the farming season every year. Activists claimed that the Pawar’s own state has been implementing this suggestions for years now. The proposal also has been termed as ‘pro-capitalist and pro- industrialist’ by critics. Pawar, in his letter to the prime minister, had suggested that since the...

What lies behind Agriculture Minister Sharad Pawar’s note to the prime minister asking for a suspension of the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA, for short) for three months a year? The obvious reason is that the big farmers’ lobby he represents is unhappy that NREGA has raised wages in rural areas and labour cannot be enticed to work for less. Under NREGA, labourers get paid at least Rs...

Anna Hazare today appeared to betray an ambition to become the next Jaya Prakash Narayan if not a Mahatma Gandhi II, asking the Opposition to join his agitation if the UPA defeated the efforts to enact a strong Lokpal. He asked the Opposition to hit the streets and fill the jails, sounding a little like JP who had brought the Right and the Left together in his 1970s campaign against the...

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...