Mother Dairy’s retail model helps farmers but is under pressure from chains Call it the Safal model. For close to 25 years, a large chunk of households in the National Capital Region have had access to fresh fruits and vegetables at affordable prices—at rates much lower than what the local vegetable and fruits market or the handcart vendor would charge. This was made possible by standing the concept of buying on...

Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...

-The Times of India   The states would Milk the Centre by arbitrarily hiking their 'minimum wages' if workers in the job guarantee scheme were to be paid by the "minimum wages Act", the Centre cautioned while appealing against a court order quashing power to fix remuneration under MGNREGA. Union rural development ministry has sought revision of the Karnataka high court order giving in to the finance ministry's pressure despite the fear...

-The Times of India In a follow-up action to the scathing CAG report on the sub-standard foodstuff and rations being provided to soldiers, the parliamentary public accounts committee (PAC) is said to have blasted the defence establishment and the Army for "deep-rooted and widespread malpractices". The PAC report, expected to be tabled in Parliament soon, conducted a detailed examination of last year's CAG report that punched several gaping holes in Army's entire...

-The Business Standard   Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...