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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Reviving Universal PDS: A Step Towards Food Security by Suranjita Ray
An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...
More »HC scraps teachers’ selection by Chandrajit Mukherjee
-The Telegraph Jharkhand High Court today scrapped the appointment of 8,042 government primary schoolteachers, terming the eligibility test conducted by Jharkhand Academic Council (JAC) in July to screen candidates arbitrary and illegal. The order of the division bench of Chief Justice Prakash Tatia and Justice P.P. Bhatt means schools will have to wait for teachers longer, as 18,208 posts of teachers (primary and Urdu) have been lying vacant since 2008. A petition was...
More »IPS officers failing to submit IPRs to be denied Promotion
-PTI Toughening its stand on IPS officers who fail to submit their immovable property returns (IPRs) by January 31, next year, government has decided to deny Promotion to them. The decision to deny vigilance clearance to those IPS officers who do not submit their IPRs has been taken by the home ministry after it was found that the property returns of 713 officers for the year 2010 (as on 1.1.2011) had not...
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-The Indian Express The finance ministry has come to an agreement with the department of industrial policy and Promotion about what the government’s policy towards foreign direct investment in retail should look like. This means the retail FDI proposal will be placed before the cabinet soon, and hopefully will be cleared as soon as possible. Currently, only 51 per cent foreign investment is permitted, and only in stores selling a single...
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