-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...
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From plate to plough: Losing the pulses -Ashok Gulati & Shweta Saini
-The Indian Express Government’s actions on the commodity reveals it is ignorant of how a market economy is run With each passing day this year, agriculture seems to be sagging and so is the Indian farmer. Deficit monsoon rains appear to be the trigger. Although rains offered some respite to Marathwada, the situation in India’s largest agri-state, Uttar Pradesh, has gone from bad to worse. Last year’s drought, with monsoon rains falling...
More »Making a hash of it -Ajay Vir Jakhar
-The Indian Express Modi government's potato policy will prove counter-productive. Onions and potatoes take centre-stage again. Having secured a mandate based on people's unhappiness with continuously high and painful food inflation, the government's inability to control prices is, understandably, sending shivers down the BJP's spine. Fulfilling the aspirations of urban voters and winning over a thoroughly exacting Delhi electorate, where re-elections are due, are essential to the BJP's game plan to succeed....
More »Onion crisis to last 2-3 weeks: Pawar -Vishwa Mohan & Dipak Kumar Dash
-The Times of India NEW DELHI: Even as the Centre on Wednesday stepped in to import onion from China and Pakistan in a bid to cool down prices of the staple, Union agriculture minister Sharad Pawar warned that the crisis may continue for another two to three weeks. "Next two to three weeks will be tough. Ultimately, we have to find a solution. We have to import as early as possible," Pawar...
More »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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