-The Times of India Traders across the country have downed their shutters to join the protest against government's decision to allow foreign direct investment (FDI) in retail. The impact of the strike has been visible in several cities. In some cities, shopkeepers took out marches demanding a rollback of the government move. In Maharashtra, around 35 lakh small and medium traders have kept their shops shut in response to the bandh. "We have received...
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Muddling through retail reform by Ajay Dua
In opening up the retail trade to foreign equity last week, the Union government demonstrated uncharacteristic courage and conviction. While this policy measure might help dispel doubts about its ability to take decisions, it has raised a political dust-storm more intense and widespread than it had probably bargained for. No doubt, taking a view on the issue of liberalising FDI norms for multi-brand retail had been on the government’s agenda for...
More »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. *...
More »Identifying a billion Indians
IN A small village north-west of Bangalore, peasants queue for identities. Each man fills in a form with his name and rough date of birth, or gets someone who can read to do it for him. He places his fingertips on one scanner and stares at another. A photograph of his face is snapped. These images are uploaded to a computer. Within a few weeks he will have an identity...
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