The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

One farmer was killed and several others, including some policemen, were injured on Friday when protesting farmers clashed with the police in Allahabad district. The farmers were holding a protest demanding enhanced compensation for their land which has been acquired by the government for building a 1320 MW power plant at Karchana. Enraged over the death, hundreds of farmers indulged in stone throwing and set ablaze several police vehicles and squatted on...

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...

Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...

A day after the arrest of the Mumbai-based Dalit activist and editor of Vidrohi magazine, Sudhir Dhawle (42), by the Gondia police in Wardha on charges of waging a war against the State, more than 150 human rights activists, social activists, writers and journalists protested here on Tuesday against the detention. Mr. Dhawle, also a freelance journalist, was arrested on charges of having links with the banned Communist Party of India...