-The Times of India Shops and commercial establishments in many cities across the country have downed their shutters to protest government's decision to allow foreign direct investment (FDI) in retail. However, the impact of the strike is varied from state to state. In Maharashtra, round 35 lakh small and medium traders have kept their shops shut in response to the bandh. "We have received good response for the bandh in Mumbai and Navi Mumbai...

Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...

Distribution of basic food grains and fuel at controlled prices every month through the Public Distribution System (PDS) could be the largest service provided by the Indian State, touching as it does over 65 million families through a network of nearly half a million retail shops. Given that the urban middle class has little stake in the health of the PDS, there have to be some compelling reasons for the...

He dreamt of becoming a successful lawyer. Hailing from Jalgoan, it isn't surprising that his career was destined to be elsewhere. Today, 40-year old Hemchandra Dagaji Patil has no regrets. "The black coat beckoned me. I used to imagine myself in court rooms but finally my father persuaded me to stay back in the village as there was a drop in crop yield and there was no one to look after the...

Large inflow of onion from Gujarat has helped rein in high prices of the vegetable, which is now available at Rs 25-30 a kg in retail markets, in the national capital, traders said. "Increased arrival of onion from Gujarat from January 25 onwards boosted supply in the national capital due to which price of the vegetable crashed to Rs 25-30/kg," Onion Merchants Association General Secretary Rajendra Sharma told PTI. The prices of...