-The Economic Times The Food Security Bill cleared by the Cabinet is likely to hurt the poor more than it helps them. India already has 54.7 million tonnes of rice and wheat lying as stocks with the Centre and the states, 29.7 million tonnes of grain in excess of the buffer stocking norm. Offtake of rice in the current fiscal year has been 74% of the allotment, and that of wheat,...
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FDI low in education, finger at bar on profit by Basant Kumar Mohanty
Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Not just tribal adults, even kids turn bonded labourers by Yogesh Pawar
Viju Diwa is barely 11. So it seems strange to see him carrying bricks on his head. “He is not a labourer here,” Kisan Mhatre, a brick kiln owner of Mharal village outside Mumbai’s far northern suburb of Kalyan protests and shouts at his father and worker Arjun, 30. “They push their children into labour and then the government, the media and everyone comes to trouble us,” says Mhatre. When this DNA...
More »Maharashtra launches health scheme for poor by Amruta Byatnal
The Maharashtra government launched the Rajiv Gandhi Jeevandayi Arogya Yojana here on Sunday, enabling families with annual income of less than Rs. 1 lakh to avail free medical facilities worth Rs. 1.5 lakh. Health Minister Suresh Shetty announced that this scheme, when fully implemented, would benefit close to 2.5 crore families. However, Deputy Chief Minister Ajit Pawar, while praising the scheme, lamented the rising rate of population in the State. Mr....
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