-The Economic Times Retail sector liberalisation has been revived and included in Prime Minister Manmohan Singh's package of big-bang reforms announced recently. This was to be expected as an element of the package since the influential minister Jairam Ramesh, who has access to Sonia Gandhi and is identified with her NGO-dominated set of advisers whose knowledge of economics is outweighed by their enthusiasm, had already announced his conversion to retail sector...
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Cabinet clears way for direct transfer of fertilizer subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew
-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...
More »Farmers' suicide a serious issue, but numbers declining: Sharad Pawar
-IANS Agriculture minister Sharad Pawar on Tuesday termed farmers' suicide as a serious issue, but said such cases were showing a decline. The government is focusing on increasing investment in agriculture as well as raising minimum support price (MSP) of crops to increase farmers' income, Pawar told the economic editors conference here. "It is true that this is a serious issue before us. However, the percentage of farmers' suicide is coming down," the...
More »FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra
-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...
More »For a few dollars more -Dipankar Bhattacharyya
-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...
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