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Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...

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Modi-led panel of CMs had suggested organized retail in report to PM

-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM Narendra Modi.  In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...

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Cabinet approves 51 per cent FDI in multi-brand retail by Sujay Mehdudia

FDI in single-brand retail raised from 51 to 100%   In a bid to remove the impression that UPA-II is suffering from a “decision making paralysis” and kicking off the second generation reforms, the Union Cabinet on Thursday gave its approval for 51 per cent foreign direct investment (FDI) in multi-brand retail and 100 per cent FDI in single-brand retail. The decision is likely to clear the decks for the entry of foreign...

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FDI if retailers procure 30% stuff from small industry by Surajeet Das Gupta & Nayanima Basu

Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

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State tests ground to tweak land clause by Sreecheta Das

The Mamata Banerjee government has begun to explore the possibility of modifying a land-ceiling clause to accommodate some concerns of industry. If the proposals are accepted, more industries will be exempt from the land-ceiling rule and transfer of land acquired for setting up industry would be allowed without diluting the new government’s hands-off policy. The land and land reforms department has sent a letter to four departments — commerce and industries, urban...

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