-The Hindu Business Line Over 56 per cent of Indian farmers are not aware about the maximum retail prices (MRP) of fertilisers they buy, while 45 per cent fork out more than the MRP and 59 per cent face problems in getting their season's full requirement in time. These are the startling findings of a countrywide survey of 5,498 farmers conducted by field audit teams of the Comptroller and Auditor General...
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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...
More »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...
More »Slaving for their dowry by Kalpana Sharma
How the global garment industry is using regressive customs in Tamil Nadu, enabling it to exploit young women workers… Behind the smiling exterior of a fast-growing economy lie the tears and tragedies of women like these workers. Girls. Dowry. The two go together. No matter what you do to separate them, they somehow get conjoined, like twins that have remained connected in one body. We are told this is one of the...
More »India should lead reforms with Food Bill by Prabha Jagannathan
Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...
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