-Express News Service In a major step towards fulfilling the ruling Congress’s poll promise, the Union Cabinet today cleared the National Food Security Bill that seeks to provide legal entitlement of foodgrain to 75 per cent of the rural population and up to 50 per cent of the urban population. The Bill seeks to divide the eligible households into two broad categories — priority and general — wherein the “priority” group will...

-Times Now TV   It is allies versus the Congress over the draft Food Security Bill. Sources have told TIMES NOW that Union Agriculture Minister Sharad Pawar has expressed his reservations over the Food Bill over its huge financial implications on the Government as it proposes to increase food subsidy by over 30,000 crore on a Government already under massive financial stress and over the need for greater food grain procurement to...

The government believes it is more important to be seen to be doing things than to be doing them well. The proposed food security legislation is another example of this tendency. The legislation exemplifies the self-defeating obduracy of bureaucratic modes of thinking. But the debate around it also exemplifies a failure of intellectual argument in India. Our debates often have this character. First, we spend a lot more time arguing...

Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...