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India-EU Deal Threatens Mom-and-Pop Retail by Ranjit Devraj

Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...

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HIL workers at Kerala Endosulfan plant seek probe into NIOH study

Over 300 workers from the Hindustan Insecticides Limited plant manufacturing Endosulfan near Kochi at Kerala organised a rally today to oppose the unscientific approach adopted by environmental NGOs to seek ban on Endosulfan. The workers demanded that their own experience and the farmers’ experience be taken into consideration as they work with the pesticide Endosulfan. Endosulfan was manufactured and used for more than 50 years across the world and continues to...

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Shortage of labour affecting Surat diamond industry profits by Dharmesh

A shortage of labour is affecting cutting and polishing jobs in Surat's diamond industry. Skyrocketing prices of raw diamonds is a key factor leading to thousands of workers moving away from the diamond industry to other businesses . "The labour that came into the cutting and polishing jobs of the Surat diamond industry 20-25 years ago, that generation is moving towards retirement. And the new generation that should come in this industry doesn't...

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Kiran announces sops for farmers

The state government on Thursday announced a package of input subsidy of Rs 6,000 per hectare, a compensation of Rs 5,000 for loss of livestock, discoloured yarn and damaged equipment of fishermen apart from rescheduling of all farm loans and interest waiver for farmers who suffered loss due to flooding in the past 15 months. Chief minister N Kiran Kumar Reddy in his reply to the debate on the farmers'...

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Hamlet becomes banking smart by Amit Gupta

Farmer Dharamshyam Kujur put the hitherto nondescript village of Doba in Kudu block of Lohardaga district on the banking map of India today as he withdrew Rs 100 from his newly opened account. Watching him create history was Reserve Bank of India (RBI) governor D. Subbarao, who, as part of RBI’s ambitious outreach programme aimed at financial inclusion, inaugurated a smart card-based satellite banking system in the village earlier in the...

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