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...

Leaders of farmer groups are meeting Prime Minister Manmohan Singh on Monday to press for allowing FDI in retail. Leaders from four states with lion's share in India's farm GDP--Punjab, Maharashtra, Andhra Pradesh, Karnataka -- will be part of the delegation.  "We will give December 31 as deadline for implementation of FDI. After that we will begin a nationwide stir," said PV Chengal Reddy, who heads Confederation of Indian Farmers, a...

Thousands of people came out in support of Anna Hazare's day-long fast at Jantar Mantar. However, there was no dearth of dissenting views either.  The All India Confederation of Scheduled Castes and Scheduled Tribes Organizations protested near the venue, demanding representation for minorities in the Lokpal committee. Their views were echoed in the speeches of leaders of CPI (M) and Samajwadi Party among others, who participated in a debate organized by...

-The Business Standard   Union Environment Minister Jayanthi Natarajan on Tuesday made it clear at the global climate change meet at Durban, South Africa, that India would not compromise on the principles of equity and historical responsibility in addressing the issue of climate change. India and China are being targeted for their high carbon emission. Talking on the sidelines of the meet, the minister said, “Equity is central to any debate on climate...

While Asian economies boomed before the global recession in 2008, the fruits of that progress did not translate into better wages or secure employment conditions for workers in the region. The International Labour Organisation (ILO)'s Asian Decent Work Decade launched in 2006 was aimed at five priority areas of competitiveness, productivity and jobs; labour market governance; youth employment, managing labour migration and local development for poverty reduction. Today workers' unions are...