-The Hindu   This is a major step towards providing liberation to farmers, says Sharma Ridiculing claims that opening of foreign direct investment (FDI) in multi-brand retail will lead to displacement and unemployment, Union Commerce and Industry Minister Anand Sharma on Friday asserted that this bold move would lead to creation of 10 million jobs and billions of dollars in investments during the next three years. Brushing aside the criticism by the Opposition parties,...

-The Economic Times   What should be the agenda for national renewal? Should we discuss what should be done in individual sectors like agriculture, infrastructure, energy, etc., and plead before the rulers of modern democracy to accept some of our suggestions or should we focus on the decision-making processes itself, which exist in governance today? Who takes decisions in our 'democracy'? Who influences these decisions? Are these processes really democratic? Is lack of...

-The Telegraph Assam has managed to secure an exclusive meeting with the Planning Commission wherein it would make a strong case for a state-specific development strategy. Chief minister Tarun Gogoi revealed this here today during an interaction with reporters. He said Prime Minister Manmohan Singh had assured him of arranging a full-fledged meeting with the plan panel during his meeting with the former in Delhi early this week. According to a senior official of...

The Mamata Banerjee government has begun to explore the possibility of modifying a land-ceiling clause to accommodate some concerns of industry. If the proposals are accepted, more industries will be exempt from the land-ceiling rule and transfer of land acquired for setting up industry would be allowed without diluting the new government’s hands-off policy. The land and land reforms department has sent a letter to four departments — commerce and industries, urban...

-The Economic Times   The Reserve Bank today expressed concern over asset quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period.  In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...