It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...
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Experience so far by CP Chandrasekhar
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...
More »Traders' concern by TK Rajalakshmi
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...
More »Include madrassas to empower Muslims by Prabhat Banerjee
Notwithstanding Rahul Gandhi's reported assurances to the AIMPLB to keep madrassasoutside the purview of the RTE Act, there is an urgent need to formalise madrassa education. Almost 90% of underprivileged Muslim children attend madrassas. However, devoid of a modern curriculum, madrassas are unable to equip these students for the contemporary job market. This in turn limits their economic opportunities. By bringing madrassas under the provisions of the RTE Act, the Islamic seminaries...
More »Credit disbursements to dalit entrepreneurs drops 33.8% this fiscal by Divya Rajagopal
Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business. Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month. Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...
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