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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FDI if retailers procure 30% stuff from small industry by Surajeet Das Gupta & Nayanima Basu
Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...
More »World leaders must take binding steps to curb unhealthy food industry–UN expert
-The United Nations A United Nations human rights expert today called for taxing unhealthy food, regulating harmful marketing practices and standing up to the food industry, urging world leaders not to miss the chance at a summit next week to end a state of affairs that kills nearly 3 million adults each year. “Voluntary guidelines are not enough. World leaders must not bow to industry pressure,” Special Rapporteur on the Right to...
More »No consensus likely on global salt intake limit by Kounteya Sinha
Global efforts to set a target for daily salt consumption at 5 grams, in order to reduce deaths due to stroke, has faced a major setback. The all important United Nations Non-Communicable Diseases (NCD) Summit in New York, that kicks off on Monday, is unlikely to set a global target for reduction in salt consumption levels. According to the NCD Alliance, a formal alliance of four international federations -- International Diabetes Federation,...
More »Food Bill will be tabled in winter session: KV Thomas
-The Economic Times The Right to Food Bill, which proposes to give more subsidised grains to the poor, would be introduced only in the winter session of Parliament as consultations with states was taking longer than expected, Food Minister KV Thomas said on Wednesday. The draft bill, approved by the empowered group of ministers, is currently being processed in the law ministry. It was expected to be introduced in the monsoon...
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