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Rahul backs FDI in retail, says it will benefit farmers

[email protected] (PTI)
October 5, 2012

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Srinagar, October 5: Backing Centre's decision to allow FDI in multi-brand retail, Congress leader Rahul Gandhi has said the decision will help farmers prosper by removing middlemen from the supply chain and generate new jobs. Addressing the national executive of Indian Youth Congress in Srinagar last night,

Rahul said FDI in retail will help farmers store their produce safely for a longer duration, thus ensuring best value for their crops.

The 42-year-old AICC general secretary, who is here on a two-day visit that began on Thursday, said around 60 to 70% of all perishable products in the country eventually rot due to lack of proper storage facilities.

The situation, however, will change once FDI in retail comes in, Rahul was quoted as saying in a Youth Congress release.

He said farmers could not get good price for their produce as the middlemen in the 'Mandis' would buy from them at very low rates and sell the same at a much higher price in cities.

But once FDI comes in, they will be taken out of this equation, he said.

FDI will also create lot of new jobs, which will not only lead to higher income generation but also significantly reduce unemployment, thereby having a salutary effect on the economy, he said.

He, however, said all contractual agreements that farmers get into with the retailers "should be carefully monitored" in order to ensure that interests of the farmer are not harmed.

Rahul noted that in the contemporary world, all economies are interconnected, thus having impact on each other.

"If something happens in the US, it will most likely affect events in India, and vice versa," he said.

Earlier, talking to members of the Jammu and Kashmir NSUI national executive, Rahul said it was important to win the hearts and minds of the student community in Kashmir.

"We need to earn their trust, their faith. I am here to win their trust through dialogue and deeds," he said.

Rahul also asked state NSUI leadership to bring a delegation of students to Delhi and meet Union HRD Minister Kapil Sibal to sort out all issues concerned to them.


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News Network
February 19,2020

Feb 19: Pay increases across India’s organized sector will probably grow at the slowest pace since 2009 this year, according to a survey from Aon Plc.

Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon said in a report published Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption -- the main driver to growth.

India still leads the Asia-Pacific region in pay rises, but that is mainly due to higher inflation and a “war for key talent and niche skills,” Aon said.

“There is a general air of caution about the economy as we enter into 2020,” Tzeitel Fernandes, partner for rewards solutions at Aon, told reporters in New Delhi. “Low GDP projection and weak consumer sentiment are the reasons behind our lowest ever prediction.”

E-commerce companies and start-ups will probably get the biggest salary increases, projected at an above-average 10%, while financial institutions will hand out 8.5%. Unsurprisingly, the auto sector witnessed the biggest drop in growth -- down to 8.3% from 10.1% in 2018, according to Aon. The survey covered more than 1,000 companies across over 20 industries.

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Agencies
January 19,2020

Thiruvananthapuram, Jan 19: The CPI(M) will soon launch a nation-wide house-to-house campaign to explain to the people, the 'link' between CAA-NPR-NRC, party general secretary, Sitaram Yechury said on Sunday.

The intense campaign will take place all over the country, he said while briefing the media about the three-day central committee held at Vilapilsala near here.

The central committee also urged the people not to answer the NPR questions.

"The Central committee has called upon the people not to answer any questions concerning the NPR when the enumerators come to their houses...," the left leader said.

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Agencies
August 2,2020

Lucknow, Aug 2: Uttar Pradesh's cabinet minister for Technical Education Kamal Rani Varun succumbed to COVID-19 on Sunday at the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Kamal Rani is the first minister in Uttar Pradesh to die after contracting coronavirus. She was 62.

On 18 July, the minister tested positive for coronavirus and was admitted to the Shyama Prasad Mukherjee Hospital.

She was later shifted to the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Uttar Pradesh chief minister Yogi Adityanath has expressed grief over the minister's death.

In a condolence message issued on Sunday, Adityanath said, "Kamal Rani Varun died on Sunday at around 9.30 am. She was an experienced and capable leader. She discharged her responsibilities with competence. She was a dedicated public representative, who was always working for the welfare of deprived and oppressed sections of the society."

Kamal Rani was the MLA from Ghatampur in Kanpur. She was also twice a Member of Parliament in the Lok Sabha.

Meanwhile, Adityanath has cancelled his visit to Ayodhya scheduled for the day, Additional Chief Secretary (Home) Awanish Awasthi said on Sunday.

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