A section of Congress is set to back the demand of chief ministers of BJP and other Opposition-ruled states to reject the Seeds Bill, 2010, in its present form. Bihar Chief Minister Nitish Kumar, spearheading the campaign against the bill, has told Prime Minister Manmohan Singh and Agriculture Minister Sharad Pawar that the bill, whose avowed purpose is to facilitate production and supply of seeds of quality, will put the peasantry...

Lashing out at the United Progressive Alliance-II for following anti-people policies and not even sparing school-going children in the general budget by levying taxes on their textbooks and stationary, Communist Party of India (Marxist) leader Brinda Karat on Thursday urged the government not to blame the poor for the food inflation. “By attributing the rise in prices to increasing consumption by the poor, the government is putting the blame for food...

The government is looking at allowing foreign direct investment (FDI) in multi-brand retailing as part of a slew of measures to make India more attractive to overseas investors. Senior government officials told TOI that the thinking was that a gradual opening up would be a better strategy with global chains first allowed to open stores in metros, while wholesale cash-and-carry being limited to smaller towns and cities, at least for the...

Union finance minister Pranab Mukherjee has been able to convey the impression that the agricultural sector was a key area of policy focus for his budget, but just about. He has chosen some good policies and programmes to boost agricultural development, but has done so in a half-hearted manner. Whether the agricultural sector actually benefits from his attention remains to be seen given that he has been niggardly in the...

Banning of future trading of essential commodities is recommended by Working Group on Consumer Affairs. Gujarat chief minister Narendra Modi, on Wednesday, submitted the report prepared by the group to Prime Minister Dr Manmohan Singh which also included other suggestions to tackle inflation. Unlike the usual practice of voluminous reports, the committee submitted to the PM a precise document with 20 recommendations and 64 detailed actionable points. Besides ban on future trading,...