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Organic food fails to move cash registers for retailers-Writankar Mukherjee

-The Economic Times Brands may be spending million to promote an eco-friendly-image, but when it comes to actual sales, organic and 'planet-friendly' products have failed to move cash registers for retailers, whether it's fresh produce, groceries or even clothing. Top food retailers like Future Group, Reliance Retail and Spencer's Retail say sales from organic vegetables, fruit and food products account for less than 2 per cent of total food sales, even three...

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Asia faces challenge of feeding 5b by 2030: ADB Bangladesh -Sangbad Sangstha

-New Age Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank  study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, the Elephant and the Tiger’, was produced by ADB and the International food Policy Research Institute in response to the...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-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...

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Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai

-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...

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All to the sweat shop-Bhavdeep Kang

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

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