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FDI in retail: More jobs in store for rural youth by Shruti Choudhury & Amiti Sen

Foreign retailers may have to reserve at least half of their jobs in superstores for rural youth and source more than the mandated 30% from micro and small industries as the government tries to salvage the big ticket but controversial economic reform.  An official said the government is likely to have a relook at a proposal that seeks to reserve at least 50% of jobs in foreign-owned superstores for those who...

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NHRC questions AFSPA, finds fault with UPA schemes

-Express News Service   In what could strengthen the case of those seeking lifting of the Armed Forces (Special Powers) Act (AFSPA) from parts of J&K and insurgency-hit North-East, the National Human Rights Commission (NHRC) has said the AFSPA “remains in force in Jammu & Kashmir and the North-Eastern States, conferring an impunity that often leads to the violation of human rights”. This (continuation of AFSPA), a report prepared by the NHRC...

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Another UP minister sacked over corruption charges by Ashish Tripathi

-The Times of India   Ambedkar Village development minister Ratan Lal Aheerwar has resigned after being indicted by UP Lokayukta of corruption. He was found prima facie guilty of land grabbing and misuse of MLA fund and Bundelkhand development fund. Aheerwal is the fifth UP minister who had to resign after being indicted by Lokayukta in last one year. Panchayati Raj minister and BSP state president Swami Prasad Maurya has been handed over...

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Growth and Exclusion by Prabhat Patnaik

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...

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Embattled Patel General Stores by Ajit Balakrishnan

The battle for India’s retail market is being fought not just in the halls of Parliament and on the front pages of newspapers but also on the little stretch of road near my home in Mumbai, where Colaba Causeway peters out into Navy Nagar. The outsize name board, “Patel General Stores”, had proudly announced itself for as long as I can remember. Recently, however, I noticed that the board had been...

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