The government is looking at allowing foreign direct investment (FDI) in multi-brand retailing as part of a slew of measures to make India more attractive to overseas investors. Senior government officials told TOI that the thinking was that a gradual opening up would be a better strategy with global chains first allowed to open stores in metros, while wholesale cash-and-carry being limited to smaller towns and cities, at least for the...
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United action by TK Rajalakshmi
Trade unions of all hues join forces in an unprecedented manner and present a charter of demands to the government. IN a rare show of unity, and for the first time since Independence, around one lakh workers affiliated to eight central trade unions and national industrial federations, including the Indian National Trade Union Congress (INTUC) and the trade unions of the Left parties, came out on the streets of New...
More »In farmer's name by R Ramakumar
The policy is to promote specific high-value segments within agriculture, where corporate houses have major profit interests. A COMMON compliment that Pranab Mukherjee's Union Budget for 2011-12 received from the media was its proclaimed “friendliness” to agriculture and rural areas. It was not just the media; members of India Inc. welcomed the Budget as “focussed” on agriculture. However, a close look at the Budget estimates reveals a different picture. Public...
More »State to scrutinise Forest Rights claims at Posco site
The Orissa government seems to have landed in an embarrassing spot in connection with the submission of report to the Union ministry of environment & forests (MoEF) on the issue of compliance with Forest Rights Act (FRA) at the Posco site. Though the state government had exuded confidence to send the report to the ministry before the end of February, claimants of FRA at the project site appeared to have played...
More »BKU drops Delhi siege plan after Manmohan's assurance by Gargi Parsai
On the eve of a massive agitation by Tikait Singh-led Bhartiya Kisan Union, Prime Minister Manmohan Singh met representatives of the Union and assured them that “farmers interests will be fully protected at all times.” The Prime Minister told the delegation that he would convene a joint meeting with Finance Minister Pranab Mukherjee and Agriculture Minister Sharad Pawar to have an in-depth discussion on the various issues raised by the BKU...
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