Bharti Wal-Mart Pvt. Ltd, the 50:50 wholesale retailing joint venture between Wal-Mart Stores Inc. of the US and India’s Bharti Enterprises Ltd, plans to enlist about 35,000 farmers in the next 5-year to source fresh produce as it opens more stores. Currently, Bharti Wal-Mart sources fruits and vegetables from more than 600 farmers in Punjab and other states. Last week, it opened its fourth Best Price Modern Wholesale store in Kota...
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Microfinance to get a regulator in NABARD by Deepshikha Sikarwar
A worried government has put on fast track the proposed bill to regulate micro-lenders, as it seeks to ensure that over-regulation by states does not kill the sector that is envisaged to play a big role in furthering financial inclusion. The finance ministry could move a bill in the winter session of Parliament that will make Nabard responsible for regulation of all non-profit microfinance institutions structured as trusts, cooperatives, or mutual...
More »Implement food security scheme in two phases: NAC by Smita Gupta
The framework for food security, cleared by the Sonia Gandhi-led National Advisory Council on Saturday, if implemented, will entail an additional expenditure of Rs.15,137 crore annually in the first phase. It is slated to kick off next year and will cost Rs. 23,231 crore annually when the entire population is covered by March 2014. Assuming an offtake of 85-90 per cent, the procurement will have to go up from 55 million...
More »Cut-Rate Democracy by Pranjoy Guha Thakurta
Two years ago, when I told some of my more cynical fellow-tribals from the journalistic fraternity that I was about to complete a textbook on media ethics, they smirked. Media ethics? That’s an oxymoron, a contradiction in terms, they said glibly. What became apparent to me then was that the image of the journalist in India has taken quite a battering. There are many among the aam admi who still...
More »‘Take MGNREGS to beneficiaries’
MP H Vishwanath expressing disappointment over the slow progress of Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the district, asked the officials to work in co-ordination with each other to ensure that the Scheme reaches as many beneficiaries as possible. Addressing the District Vigilance Committee meet on Tuesday, he said that the programmes are made by the Government for the people. All the programmes will fall meaningless if it...
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