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...

-Live Mint   In an unprecedented move, farmers in East Godavari and adjoining districts of Andhra Pradesh declared a crop holiday last season, refusing to cultivate paddy in this fully irrigated region of the state. Farmers say the reason for this drastic step is that cultivating paddy has become unremunerative and they are left with no other choice. The agrarian crisis and its neglect by successive governments are responsible for the low...

To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...

Herding cattle and weaving carpets, on city waste-heaps, at traffic lights, in roadside eateries, in farms and in factories, in brick kilns and coal mines, in brothels and in our homes, children of the poor work at an age when our own are in school or at play. What is remarkable is not just our collective acceptance of such diverging destinies of children merely because of the accident of where they...

One week from now, the United Nations estimates, the world’s population will reach seven billion. Because censuses are infrequent and incomplete, no one knows the precise date—the US Census Bureau puts it somewhere next March—but there can be no doubt that humanity is approaching a milestone. The first billion people accumulated over a leisurely interval, from the origins of humans hundreds of thousands of years ago to the early 1800s. Adding...