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Big mart dream spurs debate-Sanjeev Kumar Verma

-The Telegraph Patna: Farmers in Bihar have set their sights on foreign funds for a change in their fortune though economists have cast a doubt on it. Ask Nitish Kumar, a farmer of Darveshpura village in Nalanda district, who hogged the limelight a couple of months ago with record production of potatoes. Nitish had no one by his side when he was forced to go for distress sale of the same potato, which...

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Will not allow FDI in Bihar: Nitish Kumar

-IANS PATNA: Bihar chief minister Nitish Kumar on Monday said he was not in favour of allowing FDI in his state and added that farmers would not benefit at all from the UPA government's decision to open up the multi-brand retail market to FDI. Addressing a press conference here, the Bihar chief minister also said he had voiced his apprehension to the United Progressive Alliance (UPA) government in New Delhi about allowing...

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70% migrants to Mumbai are from Maharashtra -Madhavi Rajadhyaksha

-The Times of India MUMBAI: Contrary to MNS chief Raj Thackeray's ongoing tirade, migrants to cities like Mumbai are not 'outsiders' from other states. Nearly 70% of them come from rural or urban areas within Maharashtra itself, reveals an analysis of data from the National Sample Survey Organization's (NSSO) 64th round. For every migrant coming to a city in Maharashtra from the urban areas of other states such as Bihar, Uttar Pradesh...

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Proposal to deliver subsidy in cash

-The Telegraph The Planning Commission has proposed a slash in fuel and fertiliser subsidies, and subsidy delivery through cash transfer to the beneficiaries’ bank accounts rather than by providing cheaper goods. Commission’s deputy chairperson Montek Singh Ahluwalia said providing food, fuel and fertiliser subsidies through cash transfer would help check leaks — that is, illegal sale of the subsidised goods in the market. Sources suggested that cash transfer was being considered mainly for...

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FDI in retail: Where states stand

-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout Haryana...

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