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Not a grain of sense

-The Business Standard   The new Bill will set back the cause of food security - while wrecking central finances. The Food Security Bill cleared by the Union Cabinet for introduction in Parliament seems irrational and impractical by parts. It seeks to provide a statutory right to highly-subsidised food for 75 per cent of the rural population, with 46 per cent in the “priority” category, or below the poverty line (BPL); and to...

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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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Hooch 'Badshah' on the run, focus now on rival

-The Times of India   MOGRAHAT (SOUTH 24-PARGANAS): The poison that has killed over 170 people on Kolkata's southern fringes flowed like rivers on Tuesday as policemen smashed bhattis and dumped the illegal liquor in dried-up ponds and canals. The don who ruled over the area, Khora Badshah, is a hunted man but is it really an open and shut case? Amid cries of conspiracy from Trinamool Congress leaders, it has not escaped...

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Sonia Gandhi 'upset' over Food Bill delay

-Times Now TV   It is allies versus the Congress over the draft Food Security Bill. Sources have told TIMES NOW that Union Agriculture Minister Sharad Pawar has expressed his reservations over the Food Bill over its huge financial implications on the Government as it proposes to increase food subsidy by over 30,000 crore on a Government already under massive financial stress and over the need for greater food grain procurement to...

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Traders' concern by TK Rajalakshmi

Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...

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