An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...

Per capita income, once regarded as the best index of the welfare of a society, has long since been dethroned from this status. People have argued persuasively that it is a measure that ignores not only income distribution but also the quality of life. Alternative approaches have been designed to explore these nuances of measurement and alternative indices constructed. Amartya Sen has developed a ‘capabilities approach’ to the question of...

Describing the Food Security Bill as a "non-starter", the BJP today said food should be viewed as a fundamental right and the government should come up with the legislation in this regard at the earliest. The party also said the government should take measures for revamping of the public distribution system. Food security was one of the major agenda of the UPA government in 2009 but the bill is yet to see...

A decline in pollinating insects in India is resulting in reduced vegetable yields and could limit people's access to a nutritional diet, a study warns. Indian researchers said there was a "clear indication" that pollinator abundance was linked to productivity. They added that the loss of the natural service could have a long-term impact on the farming sector, which accounts for almost a fifth of the nation's GDP. Globally, pollination is estimated to...

In three districts of Haryana, they have been agitating against the land acquisition policy of the State government. WHEN farmers of western Uttar Pradesh took to the streets protesting against the acquisition of their lands and demanding a just compensation package from the State government, the central leadership of the Congress was quick to cite the example of Haryana, where, according to United Progressive Alliance chairperson Sonia Gandhi, the best policies...