-Business Today What does the proposed food security law mean for the government's finances? Most days, around half a dozen middleaged men in Tamil Nadu's Nemam village head for a slushy pond. They are farm labourers who have had little work for the past few months because of a drought in their Tiruvarur district. As an alternative they catch fish, but the income from it is not enough to survive on. "But...

-The Guardian By shunning all but organic farming techniques, the Himalayan state will cement its status as a paradigm of sustainability Bhutan plans to become the first country in the world to turn its agriculture completely organic, banning the sales of pesticides and herbicides and relying on its own animals and farm waste for fertilisers. But rather than accept that this will mean farmers of the small Himalayan kingdom of 1.2 million people...

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

-Outlook Raipur: Chhattisgarh Legislative Assembly today passed the Food Security Bill aimed at providing food and nutritional security to around 50 lakh families in the state. Chief Minister Raman Singh told the House that the provisions of the bill ensured that adequate quantity of quality food will be available at affordable prices to nearly 50 lakh families. The new provisions will add a burden of Rs 2,311 crore on the state exchequer. Hailing Chhattisgarh...