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...
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World Livestock Report Packs Many Surprises
We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...
More »Cabinet may consider proposal to allow 51% FDI in multi-brand retail
-The Economic Times The cabinet will shortly consider a proposal to allow 51% foreign direct investment (FDI) in multi-brand retail, as the government finally musters the will to implement the controversial policy measure that has been stalled for years. The commerce and industry ministry has prepared a note for the cabinet to allow 51% FDI in multi-brand retail and increase the limit on single-brand retail to 100% from the current 51%....
More »Where development hasn’t quite reached by Bhamati Sivapalan and Yamini Deenadayalan
After being mired in controversies across the nation over multi-crore scams, the MGNREGA scheme hasn’t quite made headway in Bulandshahr district’s Anupshahr yet, say Bhamati Sivapalan and Yamini Deenadayalan “MGNREGA is a flop in Uttar Pradesh,” extended NGO worker Manish Sharma, as small talk, at the block development office of Anupshahr in the Bulandshahr district of Uttar Pradesh. Despite having been in force since 2005, the Mahatma Gandhi National Rural Employment...
More »PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
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