The approach paper for the 12th Five-Year Plan with focus on faster, sustained and inclusive growth is candid and forward-looking. On poverty reduction, the document notes, without comment, the annual trend decline of 0.8% accelerating to 1% during 2004-05 to 2009-10, against a promised target of 2% in the 11th Plan. It emphasises that India will easily meet the Millennium Development Goals (MDGs) of halving poverty by 2015, over 25...
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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Developmental Programmes for Tribals
-Press Information Bureau The Ministry of Tribal Affairs is implementing Central Sector, Centrally Sponsored and Special Area Programme for the integrated socio-economic development of all Scheduled Tribes in the country. These schemes/programmes are meant for welfare of the tribal people, including those living in Maoist affected areas. A list of majorschemes/programmes of the Ministry is Annexed. The Integrated Action Plan (IAP) was approved on 25.11.2010 for 60 selected tribal and backward...
More »Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Negative Impact
-The Telegraph New laws are often brought in without assessing their judicial and financial impact. The result is poor implementation, says Seetha Call it collateral damage. According to newspaper reports, agriculture minister Sharad Pawar has written to the Prime Minister asking for the National Rural Employment Guarantee Act (NREGA) to be put on hold during the peak season of agricultural operations. With a guaranteed income of Rs 100 a day for at...
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