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Consensus route to retail FDI

-The Telegraph   India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington. “Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,” Mukherjee said. Differences exist within the Indian government on the appropriate policies for foreign direct investments in the...

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When paddy turns poison by Jaideep Hardikar

When he drank poison on January 11, farmer Hargovind Harne’s run-down hut was bursting with freshly harvested paddy. Yet he was neck-deep in debt. Even the bottle of pesticide that he used to take his own life had been bought on credit, as the bill shows. His large stock of grain wasn’t the only puzzle in the 47-year-old’s suicide. Vidarbha is infamous for continuing suicides by cotton farmers but Harne grew food,...

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India won't consider EU's demand on duty-free wheat import

-PTI   To protect farmers' interests, India has made it clear to EU that duty-free imports of wheat, barley, lemons, apples, pears and meslin flour will not be allowed under the proposed free trade agreement (FTA). "The EU has asked for duty elimination on wheat, barely, apple, pear, lemon and meslin flour. We have clearly explained to them that India cannot offer concessions on any of these products," a senior Agriculture Ministry...

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Retail inflation up for both farm and rural labourers

-The Business Standard   Retail price inflation for agricultural and rural labourers rose to 9.63 per cent in May, from 9.11 per cent the previous month, mainly because of a rise in the prices of food, fuel and clothing. Wholesale price inflation for May rose to 9.06 per cent from 8.66 per cent a month earlier and was one of the factors for the Reserve Bank of India to raise the repo...

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Let's have a fair deal by Harsh Mander

Land acquisition and involuntary displacement have been the fountainhead of enormous destitution of millions of invisible people since Independence. Generations of those sacrificed for ‘development’ are farmers and farm workers, and many are fragile tribal people and forest gatherers. By coercive displacement and dispossession, governments pauperise its poorest people, and its food-growers, so that the ‘nation’ can prosper and grow. Rage at persisting State injustice of coercive displacement frequently spills onto...

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