By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...

The gruesome murder of NREGA activist Niyamat Ansari has shocked the progressive civil society and political groups in the country. According to reports (one, two), Niyamat Ansari had exposed a case of corruption in NREGA and an FIR was lodged against a former BDO and another Panchayat Sevak of Manika block, Latehar (Jharkhand). On 2nd March 2011, Niyamat Ansari was picked from his house and beaten to death. The reports...

Budget 2011-12 belies hopes of effectively addressing the housing needs of the poor. It fails to provide the much-needed impetus to improve the supply of affordable housing for economically weaker sections (EWS) and low-income groups (LIG), particularly those who live in the urban areas. About 99 per cent of housing shortage pertains to these two socio-economic categories. In absolute terms, by the end of 2012, the deficit will be as...

Union finance minister Pranab Mukherjee has been able to convey the impression that the agricultural sector was a key area of policy focus for his budget, but just about. He has chosen some good policies and programmes to boost agricultural development, but has done so in a half-hearted manner. Whether the agricultural sector actually benefits from his attention remains to be seen given that he has been niggardly in the...