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FDI in retail must be measured by benefits for consumer & economy, not just for farmers

-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for farm sector, the debate has predominantly focused on threats and benefits to the country's farmers and the farm sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the policy decision and...

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A dangerous intervention

-The Business Standard Skimmed milk powder 'buffer' might raise prices  The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...

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Govt audit blows lid off children's homes mafia-Ravikiran Deshmukh

-Mid Day 'Mafia' set up these establishments across the state to usurp government grants, reveals report submitted by state child rights commission; many of them were being run as hostels and coaching centre Corruption is now so rampant in every sphere in this country that it has become a child’s play for the perpetrators. MiD DAY has learnt that the Congress-led Democratic Front government is sitting on a sensational report submitted by...

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Land acquired over past decade could have produced food for a billion people-John Vidal

-The Guardian  Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...

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Resisting Extrajudicial Execution In Manipur -Neena Ningombam

-Countercurrents.org I am Neena secretary of Extrajudicial Execution Victim Families Association Manipur (EEVFAM). On 4 November 2008 after enjoying a family lunch, my husband Nongmaithem Michael, went to a friend’s helping him to set up his father’s shradha ceremony. Around 3 p.m. he got a phone call and left the place. At 3.32 p.m. I received a call from him saying that he was apprehended and told me to inform his sister...

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