-The Telegraph   The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...

-The Economic Times   With the entry of foreign supermarket players, farmers across India's six lakh villages stand to gain from greater market access, higher profits, better technology and direct linkage with consumers.  "Direct purchase from farms has hugely benefited small farmers like us who were not getting good returns by selling in the local mandi," said Abdul Majid, from Malerkotla in Punjab, who has been selling vegetables from his one-acre farm to...

-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....

We have five million children in the labour market, say official figures. Their actual numbers may be four times as many. As a nation, we have failed each one of them…   Millions of our children still labour today, in factories, farms, kilns, mines, homes and city waste dumps, when they should be in school or in a playground. We profoundly fail these children, collectively depriving them of education, play, rest, healthy...

-IBNS   A group of about 35 women economists from different countries of Europe, UK, US, Australia and India, have written an open letter to Prime Ministers and Presidents of South Asian nations, including India, which are facing acute sanitation crisis. From India, Jayati Ghosh, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University; Bina Agarwal, Director, Institute of Economic Growth, Delhi University and Isher Judge Ahluwalia, Chairperson Board of Governors, Indian...