Further political unrest in Andhra Pradesh may lead to jobs and investment being moved out of the state, industry bodies have warned amid the Telangana tension. “The politicians should realise that companies have the option to move jobs elsewhere,” Som Mittal, president of software industry body Nasscom, said at the weekend. He cited how jobs were moved out of Visakhapatnam to Chennai and Pune because of the counter-Telangana protests in 2009. “We have...

The Indian economy is moving back into the fast lane, with agriculture playing a leading role. A new financial review presented by the government in mid-December anticipated economic growth of up to 9% for the year to March 2011, and forecasters believe double-digit expansion is on the cards for later in the year. "Faster growth is expected to continue as agriculture recovers sharply from last year's drought and inflation starts to...

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...

The Central Committee of the banned Communist Party of India (Maoist) has called for an all-India “protest week” from January 2 to 8 to protest against the life sentence handed down to physician and human rights activist Binayak Sen, businessman Pijush Guha and alleged Maoist leader Narayan Sanyal. On December 24, Judge B.P. Verma of the Raipur Additional District and Sessions Court held the three guilty of conspiring to commit sedition. E-mailed...

Be it a bumper or lean season __ life for Karnataka's farmers remains unchanged as they are exploited by middlemen. While last week came as a boon to onion farmers as prices skyrocketed in an unprecedented manner, it all came to an end on Wednesday following the government's decision to stop exports until January 15 to contain the rates here, resulting in a sudden drop in per quintal rates and sending...