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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh

The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...

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70% Indians are prone to malaria infection by Kounteya Sinha

-The Times of India Over 70% of India's population, or 100.41 crore face the risk of malaria infection. Around 31 crore, however, face the "highest risk" of getting infected by the vector-borne disease. According to the World Malaria report 2011, released by the World Health Organization (WHO), India has over 10 crore suspected malaria cases, but only 15.9 lakh could be confirmed last year. Of the confirmed cases, 8.3 lakh people were infected by...

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RBI hopes FDI in muti-brand retail will ease inflation

The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...

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Banks should lead the war on poverty by MS Swaminathan

At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

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Kudankulam plant safe: Kalam by P Sudhakar

The former President, A.P.J. Abdul Kalam, on Sunday visited the Kudankulam Nuclear Power Project (KKNPP) and asserted that there was no need for any panic as it had state-of-the-art safety features. At the same time, Mr. Kalam made it clear that he had not come as an emissary of the Union government and would not be a mediator between the nuclear establishment and protesters opposing the plant. “I am completely satisfied and...

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