-The Economic Times A couple of months ago, the UPA government cleared Foreign Direct Investment (FDI) in retail. It is a politically risky step. But for once, Prime Minister Manmohan Singh showed both spine and spunk biting the bullet. Since then, both Left parties and the BJP have expressed serious reservations over the decision. The general view is that it will affect the lakhs of small, indigenous kirana stores spread across...

-Outlook Aamir Khan not only deviously censored any discussion of Ambedkar and Reservation, but seemed content to use the 1920s language of high-caste reformers This Sunday morning I received a call from a friend who alerted me to the tenth episode of Aamir Khan-anchored Satyamev Jayate since the focus was on caste and untouchability. I mumbled something about his spoiling my Sunday, but tuned in nevertheless. It began with Kaushal Panwar narrating...

Some Dalit businessmen plan to launch a Rs 500 crore venture capital fund — India’s first community-focused fund. The Central government’s new procurement policy will open business opportunities worth Rs 7,000 crore for Dalit and s (ST) entrepreneurs. These entrepreneurs are now gearing up to tap this opportunity by launching their own venture capital fund and increasing their production capacities. The proposed Rs 500 crore venture capital fund will be the country’s...

The government has begun discussions with Dalit entrepreneurs on what can be done to promote business ventures set up by members of their community. As a part of its discussions with various groups before it finalizes the 12th Plan for 2012-17, the Planning Commission has sought suggestions from the Dalit Indian Chamber of Commerce and Industry (Dicci), a business group, on what can be done to spur Dalit capitalism, how these...

Dalit entrepreneurs will make a historic journey to Delhi next week for a pre-budget meeting with Planning Commission deputy chairman Montek Singh Ahluwalia. This is the first time that business leaders from the country's most marginalized communities will be included in the government's budget consultation process. The meeting is scheduled for Monday afternoon with 40 entrepreneurs from different parts of the country expected to attend. It marks the emergence of a...