Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...
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Enhanced FDI in retail will transform Rural Economy by Sujay Mehdudia
Anand Sharma rules out loss of jobs or displacement of small vendors A re-orientation of the policy framework was the need of the hour and enhanced foreign direct investment (FDI) in multi-brand retail would transform the Rural Economy and generate massive employment and opportunities for both rural and urban youth. This was stated by Union Commerce and Industry Minister Anand Sharma here on Wednesday. This was his first comments to a discussion...
More »Food crisis – how prepared is India? by Saurab Bhat
The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...
More »Poverty up, poverty down by D Tushar
In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...
More »Media has lost its sense of priorities: Sainath
Pointing out that a disconnect exists between mass media and mass reality in India today, P. Sainath, Rural Affairs Editor of TheHindu, said the media had lost its sense of priorities and was out of touch with the problems of a vast section of the population of the country. He was delivering the Silver Jubilee Lecture on “Mass media: But where are the masses?” at the Indira Gandhi National Open University...
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