The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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Maharashtra launches health scheme for poor by Amruta Byatnal
The Maharashtra government launched the Rajiv Gandhi Jeevandayi Arogya Yojana here on Sunday, enabling families with annual income of less than Rs. 1 lakh to avail free medical facilities worth Rs. 1.5 lakh. Health Minister Suresh Shetty announced that this scheme, when fully implemented, would benefit close to 2.5 crore families. However, Deputy Chief Minister Ajit Pawar, while praising the scheme, lamented the rising rate of population in the State. Mr....
More »It's a travesty of food security, says CPI(M) by Gargi Parsai
Bill will come up for discussion in the Cabinet on Monday, says K.V. Thomas Even as the Communist Party of India (Marxist) on Friday said the proposed National Food Security Bill was “unacceptable,” Minister of State for Food K.V. Thomas indicated that legislation was coming up for discussion in the Cabinet on Monday. The CPI(M) has demanded the removal of the linking of entitlements to reforms in the public distribution system from...
More »New policy assures Rs 7,000-cr business for Dalit, ST entrepreneurs by TE Narasimhan
Some Dalit businessmen plan to launch a Rs 500 crore venture capital fund — India’s first community-focused fund. The Central government’s new procurement policy will open business opportunities worth Rs 7,000 crore for Dalit and s (ST) entrepreneurs. These entrepreneurs are now gearing up to tap this opportunity by launching their own venture capital fund and increasing their production capacities. The proposed Rs 500 crore venture capital fund will be the country’s...
More »Food Security Bill must delegate complete freedom on subsidy targeting to states by Bharat Ramaswami, Ashok Kotwal & Milind Murugkar
How deluded we are when we think that when an important piece of legislation is introduced, policymakers carefully scrutinise it for some room for improvement. Indian democracy is good at passing progressive-sounding legislation that becomes unpopular later for poor implementation and a consequent feeling of letdown and therefore resentment. Often the problems of poor implementation that surface later stem from small mistakes in design that could have been corrected at...
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