-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...

-Live Mint Inefficient government relief is reason to allow access to alternatives The increased probability of an El Nino weather pattern has already begun to rustle up fears about how a bad monsoon could hurt a sluggish Indian economy. The concerns are valid even though the economy is less dependent on agriculture than before and reservoir levels this summer are quite comfortable. The lessons of previous El Nino episodes in 2002...

-Down to Earth Grand old party of India renews some old promises and makes some new ones, but will Congress live up to its promises if it wins a third term? The Indian National Congress (INC) presented its manifesto for the upcoming Lok Sabha elections on Wedneday. The manifesto committee claimed the 48-page document was prepared after wide consultations by engaging millions of people, grassroots congress workers and every section of the...

-The Business Standard Industry can lead in saving precious drops The bad news on water is known to experts, but not perhaps to most Indians. By some estimates, India will become water scarce in just about five years, and be a massive 50 per cent short on water in another 10. The country, therefore, needs to find better ways to use water. Is India Inc, in particular, thinking about this problem? The...

A new report entitled Improving Access to Finance for Women-owned Businesses in India (2014), jointly produced by the International Finance Corporation (IFC) and Government of Japan, underlines the importance of lending to women-owned micro, small and medium enterprises (MSMEs)* in India (see the link below). It discusses the problem of accessing finance faced by women entrepreneurs despite them having stronger repayment track records vis-à-vis men (non-performing loans are 30 to...