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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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A dangerous intervention

-The Business Standard Skimmed milk powder 'buffer' might raise prices  The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...

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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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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...

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Women and Girls at Heart of the Blue Revolution-Lakshmi Puri

-IPS News World Water Week recently concluded in Stockholm with a special emphasis on the linkages between water and food security. From the worst drought in 56 years in the United States Midwest, to the Karnataka’s drought in India, to the protracted drought in the Sahel region of West Africa, we have also seen how in our globalised world the nexus between lack of water and food security in one corner of...

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