The government is looking at allowing foreign direct investment (FDI) in multi-brand retailing as part of a slew of measures to make India more attractive to overseas investors. Senior government officials told TOI that the thinking was that a gradual opening up would be a better strategy with global chains first allowed to open stores in metros, while wholesale cash-and-carry being limited to smaller towns and cities, at least for the...

In a move that would increase women's representation in politics, the Maharashtra Cabinet on Wednesday gave its nod to increase women's reservation in local body polls from 33 to 50 per cent. Bill The decision comes a day after Chief Minister Prithviraj Chavan said a Bill proposing 50 per cent women's quota in local bodies would be introduced in the coming Budget session of the legislature on March 14. Between November 2011 and...

World Bank president Robert Zoellick recently listed nine measures that the G20 should adopt under its current French presidency. These range from improving information about grain stocks and developing better weather-forecasting methods to strengthening social safety nets for the poor and helping small farmers benefit from tenders from humanitarian purchasers such as the World Food Programme . These measures tackle only the symptoms of the global food system's weaknesses, leaving the...

The Right to Food Campaign on Monday announced its decision to launch a country-wide protest against the National Advisory Council's framework for the proposed National Food Security Bill, which, they said, fell short of people's expectation of a comprehensive food security Bill that addressed nutrition and livelihood issues. “Even the budget proposals show no commitment to food security of people,” Campaign Convener Kavita Srivastava told journalists here. Failed to seize opportunity “By proposing...

There was a lot of apprehension before budget day regarding what the Union finance minister will do to reduce the deficit. Will he roll back the tax concessions implemented a couple of years ago as part of a fiscal stimulus package? Will he announce populist social sector spending in view of the major state polls coming up this year? Will he be too timid and not take any bold steps...