The government is divided over allowing foreign direct investment (FDI) in multi-brand and foodgrain retailing. While the Ministry of Finance is opposed to any change in the existing retail FDI policy, the Agriculture and Consumer Affairs Ministries, along with the Planning Commission, are open to the proposal mooted by the Ministry of Commerce and Industry. At present, FDI in these areas of retailing is banned. The finance ministry’s position gains significance in...
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Implement food security scheme in two phases: NAC by Smita Gupta
The framework for food security, cleared by the Sonia Gandhi-led National Advisory Council on Saturday, if implemented, will entail an additional expenditure of Rs.15,137 crore annually in the first phase. It is slated to kick off next year and will cost Rs. 23,231 crore annually when the entire population is covered by March 2014. Assuming an offtake of 85-90 per cent, the procurement will have to go up from 55 million...
More »NAC's compromise proposes wider food security coverage by Smita Gupta
The National Advisory Council (NAC) — which has been working hard over the last month to try and narrow down its differences with the Planning Commission and the government on the contentious issue of food security — is meeting here on Saturday to look at an amended proposal. The NAC's food hardliners have finally accepted, after several informal interactions with the Commission and government representatives, that universalisation of food security...
More »What the UID conceals by R Ramakumar
The UID project has both ‘security' and ‘developmental' dimensions. The former leads to an invasive state; the latter leaves us with a retreating state. Is identity the “missing link” in India's efforts to rise as an “inclusive” economic superpower? Can an identity-linked and technology-based solution change the face of governance in India? Given the euphoria around the Unique Identification (UID) project, one is tempted to believe so. However, a careful look...
More »Farmers on yatra make bonfire of GM seeds
On the eve of the World Food Day, hundreds of farmers belonging to the Kisan Swaraj Yatra made a bonfire of genetically modified seeds at Jalna on Friday to symbolically oppose the corporatisation of seeds and to encourage farmers to retain seed diversity. “We want to put out a message to fellow Indian farmers to acknowledge, appreciate and understand our own breeding abilities and improve on it, to avoid getting trapped...
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