The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...

-The Times of India Promotion of organized retail and contract farming to improve farm production and modernize the agriculture supply chain as well as direct marketing initiatives are among the highlights of the report on consumer affairs prepared by a group of chief ministers chaired by Gujarat CM Narendra Modi.  In a report submitted to Prime Minister Manmohan Singh in March, the committee headed by Modi prioritized reducing farm gate to retail...

-The Economic Times   Stepping up Kerala's demand for a new dam at Mullaperiyar, chief minister Oommen Chandy said he will meet the Prime Minister Manmohan Singh in New Delhi on Thursday, even as the opposition leader VS Achuthanandan decided to go on a fast on December 7 on the issue.  In an attempt to find a solution to the vexing issue, Chandy would write to his counter part in Tamil Nadu about...

-The Telegraph   Stress strikes the pupils of a Murshidabad school every day not because of impenetrable syllabus or unsparing teachers but because they fear the Padma river can rise up and engulf them any minute. All it took for a wave of panic to crash in today was the rattle of tin cans on a truck and an exclamation from a teacher, which triggered a stampede in which 20 children were injured. The...

The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...