The National Advisory Council (NAC), led by Congress president Sonia Gandhi, may have suggested doubling food subsidies to keep an electoral promise, but the country’s food and agriculture minister, Sharad Pawar, is not amused. Pawar has expressed frustration at the NAC’s suggestion to provide subsidised food to 75% of the population. “It (the NAC proposal) reminds me of an old AICC (All Indian Congress Committee) resolution when I was a young...
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Govt divided on retail FDI as FinMin says no by Surajeet Das Gupta
The government is divided over allowing foreign direct investment (FDI) in multi-brand and foodgrain retailing. While the Ministry of Finance is opposed to any change in the existing retail FDI policy, the Agriculture and Consumer Affairs Ministries, along with the Planning Commission, are open to the proposal mooted by the Ministry of Commerce and Industry. At present, FDI in these areas of retailing is banned. The finance ministry’s position gains significance in...
More »Agricultural growth remains central to poverty reduction, says report
One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...
More »India's Games of Shame by Mitu Sengupta
Delhi is an anxious city this monsoon season, struggling to meet an onerous deadline. Preparations continue at a feverish pace for the 19th Commonwealth Games (CWG), which will bear down on the Indian metropolis October 3-14, along with some 8,500 athletes from the 71 states and territories that were once part of the British Empire. Around-the-clock construction and spells of heavy monsoon rain have turned Delhi into a swirl of mud...
More »Much more than Commonwealth Games needed for lasting national prestige by Nandini Oomman
“India is Shining” in many ways, but the major hiccups in the run up to the Commonwealth Games (CWG), which opened on October 3 in New Delhi, highlight India's serious problems. Despite the colourful display of India's arts and culture at the grand opening ceremony, the frantic last minute interventions —including enlisting the Army (who did a remarkable job) to help with the final preparations — reveal the gross inefficiencies...
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