-The Economic Times Prime Minister Manmohan Singh on Tuesday assured industry that the Centre is making renewed efforts to open up foreign direct investment in multi-brand retail, despite Uttar Pradesh (UP) election results where the winning Samajwadi Party has opposed FDI in retail in its manifesto.  Singh told a delegate of senior members of industry body Assocham that the Centre is taking fresh efforts to evolve consensus amongst the various stakeholders on...

-The Business Standard Use central funds to push agri-reform in states The agriculture ministry’s reported decision to tie the state-wise allocation of funds from the National Agriculture Development Plan (NADP) to the states’ progress on agri-marketing reforms seems likely to benefit both farmers and consumers. Yet the gains from releasing central assistance only conditionally could be substantially augmented. If the Centre is serious about reform, it should expand this conditionality to other...

-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

The government has decided to throw its might behind private purchases of farm land overseas to ensure food security for India.  The agriculture ministry has sought views from other ministries on an institutional mechanism to extend sovereign support to India Inc's acquisition of farm land abroad that could include guaranteed buyback of harvest from the cultivation overseas.  Agriculture secretary PK Basu said that the proposal is in a nascent stage. "We had...

-PTI State agriculture marketing boards today said FDI inmulti-brand retail will harm farmers, particularly small and marginal peasants. "Farmers are certainly going to be affected if FDI into multi-brand retail is given a go-ahead. It will mainly cause concerns to small and marginal farmers who have less than four hectares of land," the National Council of State Agricultural Marketing Boards (COSAMB) Managing Director S S Randhawa said while addressing a farmers' meet...