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FDI in retail: Farmer bodies throw their weight behind retail FDI by Sutanuka Ghosal & Nidhi Nath Srinivas

Large farm lobbies are backing the government's decision to allow foreign supermarkets to set up shop in the country, saying it will shorten the supply chain and get growers a larger share of the final selling price.  Most farmers, however, want the government to go a step further and make it mandatory for retailers to buy 75% of their produce directly from farmers, bypassing the restrictive 'mandi' auction system.  "Traders and middlemen...

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Goodbye to reform?

-The Business Standard   The to-do over retail FDI signals that the political class is anti-reform The political drama over the opening up of the retail sector to foreign investment is significant, not on account of whatever might happen to the immediate issue, but for what it says about the prospects of any kind of economic reform. In and of itself, the opening up of the retail sector is not hugely important, except...

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Labourer ‘buys' Chhattisgarh land worth Rs 3cr by Supriya Sharma

In the winter of 2009, Vilam Singh, a young tribal farmer from Chhattisgarh's Kawardha district, applied for 100 rupee-a-day work under MNREGA, the rural job scheme.  One year later, the same below-the-poverty line farmer bought land worth 3.36 crore rupees in another district, Janjgir Champa.  What explains the sudden turn of fortune?  "He did not turn rich overnight. He was simply roped in to act as a front by a power company that...

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The private sector's turn to deliver by Sukhadeo Thorat

The government's decision to set aside a 20 per cent quota for SC/ST vendors in its purchases, if accepted by every sector on a wider scale, has the potential to makegrowth pro-poor and inclusive. The Central government has finally announced a policy reserving 20 per cent of its purchases for micro and small enterprises run by entrepreneurs belonging to the Scheduled Castes and the Scheduled Tribes. The new procurement policy will...

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Kaun Banega Scorepati? by Jean Drèze

There is no typo in the title of this article, but the term “scorepati” is perhaps confusing. By way of explanation, let me introduce three acquaintances. Meena, age 50, lives in a two-room kaccha hut with her disabled husband Chhote Lal who studied up to Class 2. They own half an acre of unirrigated land and a goat. Meena is unable to take up any remunerated work as Chhote Lal needs...

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