In U.P., where 70 per cent of the people depend on agriculture, FDI in retail does not produce any cheer. ON a misty Monday morning in early December in Muradnagar, a small town in western Uttar Pradesh, numerous tractors and trucks, loaded with jaggery and driven by farmers themselves, lined up in front of the smallest grain mandi (market) of the region. With unusual patience, the drivers waited for their...
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Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Ministry of Agriculture provides assistance to farmers of North-East and Himalayan States
-The Economic Times The Ministry of Agriculture provides assistance to farmers for remunerative returns to farmers and to ensure adequate supply of fruits and vegetables to consumers, under National Horticulture Mission and Horticulture Mission for North-East and Himalayan States ( HMNEH). This includes assistance for cultivation, establishment of cold storages, setting up of terminal markets, wholesale markets and rural primary markets/apni mandies. National Horticulture Board is also implementing various schemes. Further, the Ministry...
More »6 more farmers from Vidarbha commit suicide by Pradip Kumar Maitra
The failure of timely intervention by the state government as regards the woes of cotton growers of Vidarbha seems to have only added to the agrarian crisis. The suicide by six more cotton growers of the region in the last 72 hours paints a grim picture of the correlation between the government’s inaction and distressed farmers driven to take the extreme step. Reports reaching here on Thursday said that among the...
More »Growth and Exclusion by Prabhat Patnaik
The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...
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