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Food retail: Next large opportunity for country wide biz

Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...

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Govt has no mandate to negotiate Indo-EU FTA: CPI(M)

The CPI(M) today said the government has "no mandate" to negotiate the Indo-European Union Free Trade Agreement (FTA) without consulting Parliament and political parties as it would adversely affect the economy and large sections of the people. Maintaining that negotiations on FTA "till date have been conducted under a veil of secrecy", it claimed that the Government has in the past signed agreements that "affect large sections of the people adversely...

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CPI(M): why this “veil of secrecy” over FTA with EU

‘Government does not have mandate to conduct parleys without discussion'Several areas of concerns in texts being negotiated for the India-EU FTAThe Communist Party of India (Marxist) on Saturday expressed concern over the “veil of secrecy” around negotiations for the India-European Union Free Trade Agreement (FTA), and re-emphasised that the Manmohan Singh government did not have the mandate to conduct parleys on it without discussion within the country.Referring to the EU...

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Child labour, still a common practice in large parts of rural India by Bidisha Fouzdar

In a small pastoral vand (hamlet) in Kutch, Gujarat, 10 year old Ramu wakes up at five in the morning. His mother serves him a hasty breakfast of bajra rotis after which he is packed off to the pasturelands surrounding their small hamlet to graze the family's buffaloes. Since his village does not have a working school, grazing the livestock is gainful employment from the point of view of Ramu's...

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India's unemployment rate at 9.4 pct in 2009-10: Govt survey by Siddharthan Meganathan

The unemployment rate in India is estimated at 9.4 percent or 94 persons out of 1000 persons in the labour force for the fixed reference period of financial year 2009-10, according to employment-unemployment survey by the Labour Bureau under the Labour and Employment Ministry. In absolute terms about 40 million persons are found unemployed based on the survey results at overall level of the State/UT’s surveyed. The unemployment rates are estimated at...

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