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Modi-led panel of CMs had suggested organized retail in report to PM

-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM Narendra Modi.  In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...

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Who is afraid of FDI in retail?

-The Times of India   Given the debate that's raging over opening the retail sector to foreign direct investment, we bring you the government's view, the opposition's objections and TOI's take on the issue. Government argument * Huge investments in the retail sector will see gainful employment opportunities in agro-processing, sorting, marketing, logistics management and front-end retail. * At least 10 million jobs will be created in the next three years in the retail sector. *...

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Retail FDI confronts twin hurdles by R Suryamurthy

Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...

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The sums don’t add up

-Live Mint   It has cost me followers on Twitter, forced the government’s auditor to take the extreme step of sending an official (he misrepresented himself as an Election Commission official) to a Mint reporter’s residence, and attracted criticism about Mint being the government’s lapdog. So, why have we been writing about irregularities in the way the Comptroller and Auditor General of India conducted its audit of the so-called 2G scam? After all,...

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J Dey murder case: Woman scribe held in Mumbai

-PTI A senior woman journalist was on Friday arrested for her alleged role in the sensational killing of crime reporter Jyotirmoy Dey in June, poLICe said. " Jigna Vora, deputy bureau chief of English daily Asian Age, has been arrested today as she played a role in the conspiracy hatched to murder J Dey," joint poLICe commissioner (crime) Himanshu Roy said. Vora, who was questioned by the crime branch in connection with the...

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