Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...
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Bullion dominates futures market, agriculture at 10% by Sidhartha
Policymakers have repeatedly said that commodity futures help farmers hedge their risks. But data from Forward Markets Commission (FMC), the regulator for the business worth Rs 106 lakh crore during April-October, paints a different picture. The share of agricultural trade is just a tad over 10% and within this, food products such as soya oil and chana accounted for less than 7% of the total value. Of course, the government itself...
More »2G scam: Government rejects all allegations against P Chidambaram
-PTI Coming out in strong defence of Home Minister P Chidambaram, Kapil Sibal today attacked the BJP-led NDA of attempting to "foist" culpability on him in the 2 G scam saying it was a desperate attempt to make Parliamentary democracy dysfunctional. Sibal held a press conference to say that the government rejected all allegations against Chidambaram, Finance Minister at the time of spectrum allocation, and alleged that elements in the NDA were...
More »Participation of women in protests a reflection of their desire for change–UN expert
-The United Nations The active participation of women in public protests witnessed in many parts of the world recently reflect their strong desire to promote social change, including a yearning for the rule of law and human rights, the United Nations independent expert on violence against women said today. “Moments of political transition provide a unique opportunity to ensure that women participate equally in public life and that their rights in legal...
More »UN chief urges countries to fight 'cancer' of corruption
-PTI In a reference to the people's revolutionary movements against corruption in West Asia and countries like India, UN Secretary General Ban Ki-Moon has asked nations to join forces in fighting the "cancer of corruption" which he says breeds inequality and injustice. Ban, in his message on the occasion of 'International Anti-Corruption Day', observed annually on December 9, said the poor and vulnerable sections of society may be "marginalised" by corruption, but...
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