-The Telegraph Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...
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FDI in retail: Where states stand
-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout haryana...
More »Drought to hit coarse cereals, pulses, oilseeds output: Pawar
-The Business Standard Despite a marked improvement in the southwest monsoon, Agriculture Minister Sharad Pawar on Wednesday said production of coarse cereals, pulses, oilseeds and rice, to some extent, would be less than last year. For sugar, the cane area is more. But, Pawar said, some drop in production can be expected as farmers in Karnataka and Maharashtra have diverted a sizeable portion of standing crop towards fodder. Announcing the second relief package...
More »A ray of farming hope -Devinder Sharma
-Deccan Herald Farmers in haryana villages have maintained insect equilibrium by pitting beneficial insects against the harmful. In the great Indian epic, Mahabharata, there is a telling story of the valiant Abhimanyu who died fighting while trying to pierce through a Chakravyuah (seven rings). Mahabharata tells us that Abhimanyu had learnt the art of smashing through the seven layers of the human chain of the Chakravyuah. In lot many ways, I find the...
More »Heard of the ‘Bangladesh shining’ story?-Jairam Ramesh, Varad Pande & Pranjul Bhandari
-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...
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