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...
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Drought caused kharif damage in 85.6 lakh acres by B Chandrashekhar
About 51.54 lakh ryots lost investments Farmers in the State have suffered crop damage in a whopping 85.6 lakh acres during the 2011 kharif season, 44 per cent of the total 1,94,65,000 acres area cultivated. About 51.54 lakh farmers, including 48.33 lakh small and marginal ones, have lost the investment almost completely. In a report submitted to the State government recently, the Department of Agriculture has put the requirement of input subsidy, compensation...
More »Youth Cong bats for FDI in retail by Sanjay K Jha
The Youth Congress has a question: why can some company not buy the potatoes that Punjab’s farmers are throwing on the streets and sell them in Kerala where the crop’s price is as high as Rs 18 a kg? The answer, for the outfit being groomed under the guidance of Rahul Gandhi, is foreign direct investment (FDI) in retail. That’s the message from the monthly Youth Congress newsletter, which has now been...
More »FDI in multi-brand retail still on govt’s mind: FM
-The Times of India Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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