-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...

To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...

A taskforce, headed by Unique Identification Authority chief Nandan Nilekani, has recommended the setting up of a dedicated mechanism for end-to-end computerization of public distribution system (PDS) across the country to check pilferage. Once the taskforce's report is implemented, PDS consumers will have a choice to either get subsidized goods from their preferred locations or receive cash as the panel wants to give maximum choices to the beneficiaries. Consumers can go to...

The tribal people of Chhattisgarh are in an extremely dangerous situation, caught as they are between the state forces and the Maoists. THIRTY-SIX-YEAR-OLD Soni Sori, an Adivasi schoolteacher from Chhattisgarh, was arrested in Delhi on October 4 on charges of acting as a conduit between the Essar group and the Maoists, the former accused of giving “protection money” to the latter. On October 7, she moved the Delhi High Court to...

-The United Nations   The United Nations independent expert on the right to food cautioned today that smallholder farmers face the risk of exploitation under contract farming arrangements with processing or marketing companies, and recommended mechanisms that could ensure that such agreements are fairer. “Contract farming for its benefits, which I am not denying, nevertheless locks farmers into one segment of the Food Chain,” said Olivier De Schutter, the Special Rapporteur on the...