-The Indian Express   The finance ministry has come to an agreement with the department of industrial policy and promotion about what the government’s policy towards foreign direct investment in retail should look like. This means the retail FDI proposal will be placed before the cabinet soon, and hopefully will be cleared as soon as possible. Currently, only 51 per cent foreign investment is permitted, and only in stores selling a single...

-The Economic Times Chief Economic Adviser Kaushik Basu on Friday said that the government should consider providing free health care for the poor and significantly increase its spending on the health sector. Citing examples of other developing nations like Bangladesh that have better life expectancy and infant mortality rate than India, Basu added that the country has not yet attached adequate importance to the health sector which might prove detrimental for the...

Sehal Sagar village in Rajasthan has won the national water award instituted by the water resources ministry Nestled in Rajasthan’s bone-dry Tonk district, Sehal Sagar village boasts of lush green fields, wells full to the brim and healthy cattle. The surprise transformation has been possible because the village follows rainwater harvesting and develops its pasture land. Sehal Sagar has an elaborate network of ponds, canals and chaukas which ensure that every drop...

We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...

A sudden spurt in employment opportunities in Bihar is posing a peculiar problem for the rest of the country. More than 50 per cent of Bihar's labour force which usually migrates to other states is choosing to stay back for jobs. Till a few years back, Ram Vilas worked as construction labour in Delhi. With Bihar's Economy looking up, Vilas has returned to the pavilion, armed with a job in hand. "I...