-The Hindu Though more people in India are in the textile sector, than in any other of the economy, bar agriculture, hostile and indifferent government policies are giving it short shrift Handloom weavers from all over the country are on a 72-hour hunger strike at Jantar Mantar in New Delhi from today in protest against the government’s textile policy. The protest is led by Rastra Cheneta Jana Samakhya, the State Handloom Weavers’...
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Retail store builders set to get FDI boost -Sachin Dave
-The Hindustan Times As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. A revival of investment plans is on the cards. The supply of rental spaces across India recorded a drop of 65% in 2012 from the previous year, according to a report...
More »States fail to spend Rs 30,000 crore allocated for rural schemes
-The Times of India Even as the government promised to dole out Rs. 99,000 crore for such schemes in the current fiscal, the states have failed to utilize nearly Rs 30,000 crore meant for various flagship programmes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). "In 2012-13, about Rs 99,000 crore are being given to the states for rural development programmes. The responsibility for spending money on these programmes is entirely...
More »‘How can caste, region-based recruitment go on in Army regiments?’
-The Hindu Supreme Court to examine petition against ‘British legacy’ The Supreme Court will examine whether Army recruitment can take place on the basis of caste or region to its regiments. A Bench of Justices K.S. Radhakrishanan and Dipak Misra on Monday asked Solicitor General Rohinton Nariman to assist the court in deciding a public interest writ petition filed by I.S. Yadav of Rewari in Haryana, who alleged that such discrimination was still...
More »Retail FDI: an imagined solution-VK Madhavan
-Live Mint FDI or not, there are problems that plague Indian agriculture and will need to be fixed first With the parliamentary vote on foreign direct investment (FDI) in multi-brand retail out of the way, the government will proceed with the liberalization of this sector as it thinks it will improve the prospects of agriculture. Should we be worried about our small neighbourhood stores shutting down? The fears are overblown. Organized large-format retail...
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