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Food retail: Next large opportunity for country wide biz

Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...

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Of luxury cars and lowly tractors by P Sainath

Even as the media celebrate the Mercedes Benz deal in the Marathwada region as a sign of “rural resurgence,” the latest data show that 17,368 farmers killed themselves in the year of the “resurgence.” When businessmen from Aurangabad in the backward Marathwada region bought 150 Mercedes Benz luxury cars worth Rs. 65 crore at one go in October, it grabbed media attention. The top public sector bank, State Bank of India,...

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India needs to spend more on healthcare: Robert Yates by Aarti Dhar

Appreciating the country's commitment towards universalising health coverage for the people, health economist Robert Yates has said the country needs to increase its public spending on health either by health insurance schemes or taxation.“The entire exercise of constituting a high-level expert group on universal health coverage that India has undertaken has been done at an appropriate time when the economy is growing and the country is getting wealthier as a...

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Indians No. 2 in emigrating, top in sending money home by Rema Nagarajan

India continued to be the largest recipient of remittances in 2010, with the figure rising from $49.6 billion in 2009 to $55 billion. It was also the country with the second largest number of emigrants (those migrating abroad) after Mexico, according to the World Bank's just-released Migration and Remittances Factbook 2011. Interestingly, even as 11.4 million people from India went abroad, 5.4 million came into the country, making India No. 10...

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Number of HIV patients dropping in India: Study

December 1 is World AIDS Day, and there is some reason for India to feel good about. A new study, conducted by a multinational diagnostic chain, claims that the number of HIV positive patients has declined in the country in the past three years. The study, conducted by Metropolis Healthcare Ltd, tested a sample size of 18,005 walk-in patients for HIV-related diseases between January-October 2008, 2009 and 2010, in Mumbai, New Delhi,...

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