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FDI in retail must be measured by benefits for consumer & economy, not just for farmers

-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for farm sector, the debate has predominantly focused on threats and benefits to the country's farmers and the farm sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the policy decision and...

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Dalits see smallest rise in wages -Sidhartha

-The Times of India Dalits have once again lost out, this time on wages in rural areas. A first-of-its-kind data released by the Reserve Bank of India(RBI) has revealed that during the last eight years - between April, 2004 and March, 2012 - the daily wages of cobblers in rural areas rose by 95%, the worst show among the 17 categories listed by the government's Labour Bureau. The all-India data compiled...

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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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UN chief hails progress in scaling up maternal and child nutrition worldwide

-The United Nations High-level political and private sector officials today met in New York to fight childhood and maternal under-nutrition with Secretary-General Ban Ki-moon praising the progress made so far, while stressing the importance of continuing to boost efforts on this front. “Every household needs to be able to afford safe, nutritious foods. Markets need to be open and fair. The poorest people need to know they can count on social protection...

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Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury

-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...

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