Large farm lobbies are backing the government's decision to allow foreign supermarkets to set up shop in the country, saying it will shorten the supply chain and get growers a larger share of the final selling price. Most farmers, however, want the government to go a step further and make it mandatory for retailers to buy 75% of their produce directly from farmers, bypassing the restrictive 'mandi' auction system. "Traders and middlemen...
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Despite dissent in ranks, Congress to defend FDI in retail by Smita Gupta
Antony, Jairam and Virbhadra say it will hit small retailers badly The United Progressive Alliance government pushed through the proposal to permit 51% FDI in multi-brand retail and 100% foreign equity in single-brand trading on Thursday, in the face of vigorous protests not just from the Opposition and ally Trinamool Congress (TMC), but also disquiet in a section of the Congress. Following up on this, the Congress Core Group met here on...
More »Unjustified Aggressiveness! by D Bandyopadhyay
My attention was drawn to “An Open Letter to the Chief Minister of West Bengal” which was signed by thirty members of the civil society of Kolkata and Delhi. What disturbed me was the tone and tenor of the language used in the letter in denouncing Ms Mamata Banerjee’s bold initiative in inviting the Maoists of Junglemahal for a dialogue after “ceasefire”. May I ask with all humility who among the...
More »Urgent need to curb price rise: NCP, TMC to Govt
-CNN-IBN Pressure seems to be building on the UPA government from it allies like the NCP and Trinamool Congress to check the rising prices. NCP chief Sharad Pawar said that there was an urgent need to curb price rise. "There is an urgent need to check rising prices. The UPA partners are also feeling its impact," Pawar said. Trinamool Congress leader Mukul Roy echoed Pawar's sentiment saying that the TMC was also raising...
More »Jangalmahal: Receding Prospects of Dialogue
-Economic and Political Weekly Mamata Banerjee concurs with P Chidambaram’s counterinsurgency strategy. She revels in rhetoric – Mamata Banerjee’s word of honour was parivartan (change). A large section of the people of West Bengal desperately wanted change, so parivartan brought her to the helm at Writers’ Building, with its Corinthian facade carrying over from the heyday of the East India Company, now, of course, the office and secretariat of the chief minister...
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