-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...
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Strengthening SME sector will open up a new strategy of broad-based, fast growth -Devaki Jain & Deepshikha Batheja
-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...
More »PM tells nation: Trust me on reforms, I will deliver
-The Hindustan Times Prime Minister Manmohan Singh on Friday strongly justified the hard economic decisions he had taken recently and asked the common man for support so that he could repeat his 1991 act - rescuing Indian economy from being at the bottom of the heap. "I promise you that I will do everything necessary to put our country back on the path of high and inclusive growth," he said during his...
More »India ranks with Africa on nutrition; 50% children underfed
-The Economic Times India is in the bottom of the world's maiden nutrition barometer along with countries like Angola, Cameroon, Congo and Yemen. The barometer — announced by Save the Children on Thursday — has analyzed the governments' commitments and outcomes in improving nutrition in 36 countries, which are home to 90% of undernourished children. The study has also compared the governments' performance in tackling under nutrition and child mortality. It has found...
More »Retail FDI-for people or MNCs? -Shekhar Swamy
-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...
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