-The Telegraph The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...
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Cabinet approves 51 per cent FDI in multi-brand retail by Sujay Mehdudia
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...
More »Submit report on plan for Tarapur displaced, HC tells Thane Collector
-The Indian Express Taking note of the rehabilitation issue of over 400 Fishermen displaced by the Tarapur nuclear project, the Bombay High Court directed the Thane Collector to submit a report on a proposal of allocating agricultural land for the displaced families in Palghar. The proposal was given by BJP leader and former union minister Ram Naik, who has intervened in the case arguing for a better rehabilitation package for the Fishermen. In...
More »Anti-nuke protests enter 100th day
-The Times of India The anti-nuclear protests by the largely illiterate Fishermen and women from coastal hamlets that has stalled the commissioning of the multi-crore nuclear plant at Kudankulam in Tirunelveli district enters the 100th day on Thursday. The protests that begun on August 16 in Idinthakarai, also a coastal hamlet with dusty roads and thatched houses adjoining Kudankulam, has been a success for the agitators in the sense that they had...
More »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...
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