-The Hindu In a relief to the Centre, the Supreme Court on Wednesday upheld the government's proposal to allow foreign direct investment (FDI) in multi-brand retail trade (MBRT) saying the move did not suffer from any unconstitutionality, illegality, arbitrariness or irrationality. A three-judge bench of Justices R.M. Lodha, Madan B. Lokur and Kurian Joseph said "consumer is king and if that is the philosophy working behind the policy then what is wrong...

-The Times of India NEW DELHI: The Union Cabinet on Wednesday approved proposed amendments in the Prevention of Corruption Act, providing a safeguard to retired government officials from unnecessary prosecution for any bona-fide mistake and also broadening the definition of bribery to make a commercial entity liable for failing to prevent bribery of an official. The proposed changes - Prevention of Corruption (Amendment) Bill, 2013 - also provide for allowing confiscation of...

-The Hindu   The absence of a comprehensive rehabilitation policy for surrendered militants has made life hellish for those who decided to give themselves up and join the mainstream Jammu & Kashmir's first "Surrender Policy" was floated by Governor Gen. (retd.) K.V. Krishna Rao's administration in 1995. It was almost identical to the policies introduced for militants involved in the North East and Naxalite insurgencies: Rs.1.5 lakh worth of fixed deposit receipts payable...

-The Hindu A NABARD survey says MIddlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...

-Live Mint Attempt to broad-base direct benefits transfer plan may help shore up the Congress’s standing among rural population The Congress-led United Progressive Alliance (UPA) government plans to include its flagship rural job guarantee programme in the second phase of its ambitious direct benefits transfer (DBT) plan, under which beneficiaries of social welfare programmes will receive money directly in their Aadhaar-linked bank accounts. The attempt to broad-base the cash transfer plan before several...