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Congress and economy

The economic resolution adopted by the All India Congress Committee at the Burari session is a reiteration of the party’s last two election manifestos. It combines a commitment to rapid economic growth with that to redistributive policies that would help make the growth process socially inclusive. There is a helpful explanation of the three sources of inflation — excess demand, improved prices to farmers and global commodity price inflation —...

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India-EU Deal Threatens Mom-and-Pop Retail by Ranjit Devraj

Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...

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Honey export ban leads to huge crash in product prices by Amrita Chaudhry

Many bee-keepers in danger of losing livelihood, warn industrialists The ban on export of honey has led to a massive crash in the prices of honey, which has hurt the bee-keepers of the state. Expressing concern about the state of affairs, Kashmir Apiaries Exports/ Little Bee Impex CMD Jagjit Singh Kapoor said, “As a result of this ban, honey prices in the country are likely to crash further and the vulnerable...

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Cancun: held together by optimism by Meena Menon

The climate talks ended with uncertainty over the continuation of the Kyoto Protocol and no agreement on binding emission reductions. The difference between optimists and pessimists is that the optimists have more fun, joked Elias Freig-Delgado, a member of Mexico's Ministry of Finance Special CO{-2} Task Force and the working groups of the U.N. High-Level Advisory Group on Climate Change Financing. Mr. Delgado was speaking at the Forest Day meeting during...

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Singh targets ‘ethical deficit’

Prime Minister Manmohan Singh today appeared to back the environmental evangelism blessed by Rahul Gandhi and pursued by Jairam Ramesh, saying “the business practices of some corporate houses have come under intense public scrutiny for their perceived ethical deficit”.Although the Prime Minister’s statement, made at India Corporate Week, carries echoes of the corruption charges now swirling around the country, the preceding sentences suggest environment issues were on his mind.Immediately after...

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