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DBT regime may evolve into a social security platform -Vikas Dhoot

-The Hindu There will be a unified national database of beneficiaries that can be updated in real-time and automatically trigger new benefits. The government has drawn up an ambitious plan to scale up the present regime for direct transfer of benefits to the poor under various welfare schemes, by creating a unified national database of beneficiaries that can be updated in real-time and automatically trigger new benefits such as vaccine shots for...

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Retailers call BJP manifesto a poll gimmick-Nivedita Mookerji & Nayanima Basu

-The Business Standard FDI in multi-brand retailing could be reversed if the party forms govt; India Inc seeks review of manifesto The Bharatiya Janata Party manifesto decision to oppose foreign direct investment in supermarkets has made the sector more wary. The United Progressive Alliance' policy to allow 51 per cent FDI in multi-brand retail in September 2012 could be reversed if the BJP comes to power at the Centre. "The policy can be...

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Wal-Mart gets clean chit in Fema case-Deeptiman Tiwary

-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...

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Sticky food inflation a combination of fiscal indiscipline, rural wages, global factors -Sanjeeb Mukherjee

-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...

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FDI in retail will touch only 13.3% of population, Centre tells SC -Dhananjay Mahapatra

-The Times of India The Union government downplayed the opposition's concern over allowing foreign direct investment in multi-brand retail and informed the Supreme Court on Friday that the policy, when fully implemented, would touch the lives of only 13.3% of the country's population living in 53 cities. The government said its policy on FDI in multi-brand retail stipulated that retail sales outlets could be set up only in cities with a population...

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