-The United Nations Cooperatives and producer organizations will be increasingly important in efforts to eliminate hunger and reduce poverty, the head of the United Nations Food and Agriculture Organization (FAO) said today. “FAO needs strong cooperatives and producer organizations as key partners in the effort to eliminate hunger for some 925 million people, and to respond to the many challenges that face our world today,” said Director-General José Graziano da Silva. He told...

With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

-EPW   The media noise shed little light on the important issues involved in deciding the coverage of welfare programmes. The context for the Planning Commission’s (PC) affidavit on the official poverty line was the deliberation in the Supreme Court on how many people could be covered by the public distribution system (PDS). But while the sound and fury over the poverty line – Rs 32 per capita per day in the urban...

At a time that land in urban centres, especially in the big metropolitan cities, is at a premium, a Working Group of the Sonia Gandhi-led National Advisory Council (NAC) has suggested that, as far as possible, slum dwellers should be resettled at the spot where they are currently living, rather than displacing them, so that they continue to remain close to their places of work. NAC sources said the Working...