-The Times of India   An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...

Conditional cash transfers” (CCTs) are a new buzzword in policy circles. The idea is simple: give poor people cash conditional on good behaviour such as sending children to school. This helps to score two goals in one shot: poor people get some income support, and at the same time, they take steps to lift themselves out of poverty. CCT enthusiasm, however, is often based on a superficial reading of the Latin...

Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...

The country is about to witness dramatic changes in food norms, impacting the industry significantly, if initiatives being taken by the Food Safety & Standards Authority (FSSAI) are a yardstick. Formulation of food recall procedures in case of unsafe or hazardous products , mandatory compliance with GAP (good agricultural practices) for big retailers, labelling changes for packaged food items, organic food certification, setting water quality standards and verification of claims by...

-The Telegraph   Smoke from cigarettes, diesel and burning trees contains a chemical similar to the gas that had leaked from a pesticide factory in Bhopal in 1984 and has been implicated in heart disease, cataract, and rheumatoid arthritis, US scientists said today. The researchers who developed an instrument to measure gaseous acids in the atmosphere have found traces of the chemical called isocyanic acid that is produced during the burning...