Thirty-four-year-old Praseetha Dineshan from Kattipara panchayat in Kozhikode used to work as a postwoman delivering letters from 8 am to 5.30 pm. No longer. After completing a training course of Coconut Development Board (CDB) for climbing coconut tree using a machine, she has now quit her temporary job and is happy to climb coconut trees to pluck coconuts. "Yesterday I climbed 15 trees and today I did 20. More and more people...
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FDI in retail: Shutdown hits life in Himachal Pradesh
-IANS Shops and commercial establishments were closed in Himachal Pradesh's major Towns Thursday as workers of the ruling Bharatiya Janata Party (BJP) and Communist Party of India-Marxist (CPI-M) as well as traders protested the decision to allow foreign direct investment (FDI) in retail. However, there was no report of traffic being held up due to the strike. There was also no report of violence anywhere, an official at the police headquarters here...
More »Stop blaming rural migration for urban ills: Study by Devika Banerji
-The Economic Times Rapid urbanisation of villages and expansion of urban areas pose a more pressing challenge to Indian policymakers and administrators than migration of people from rural areas to the cities, a new report has said. "A commonly held perception is that explosive rural to urban migration is the primary cause for the state of India's cities. This is not borne out by evidence," says 'Urban India 2011- Evidence', released by...
More »Muddling through retail reform by Ajay Dua
In opening up the retail trade to foreign equity last week, the Union government demonstrated uncharacteristic courage and conviction. While this policy measure might help dispel doubts about its ability to take decisions, it has raised a political dust-storm more intense and widespread than it had probably bargained for. No doubt, taking a view on the issue of liberalising FDI norms for multi-brand retail had been on the government’s agenda for...
More »FDI row: Desperate finance minister, helpless party by Sheela Bhatt
Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...
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