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  • fdi-in-indian-retail

    Enter FDI, Exit Manu

    Utharakalam Admin

    Dalits don’t succeed in traditional set-ups. They don’t succeed in localised set-ups too. Caste is both traditional and local. The mandi system, too, is both traditional and local. FDI in retail, with foreign players, will usher in a new system of retailing. This new system will throw up opportunities to new players. Rishi Manu stood at the doors of gurukuls and leveraged tradition as a weapon. Gurukuls were forbidden for dalits. With the new ammunition of modernity, universities replaced gurukuls for good. Mandis are like gurukuls in character. FDI in retail will further boost India’s industrialisation and give modernity a thumbs up. FDI lao, Manu bhagao.Writes Chandra Bhan Prasad and Milind Kamble A couple

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  • DCCI 2

    First Dalit venture capital fund likely by August

    Utharakalam Admin

        The country could see its first Dalit venture capital fund of Rs 500 crore by August. Dalit entrepreneurs are in the process of getting clearances from the Securities and Exchange Board of India for setting up the fund. The fund is being registered under a special purpose vehicle of the Pune-based Dalit Indian Chamber of Commerce & Industry (DICCI). Mr Milind Kamble, Chairman of DICCI, told media persons on the sidelines of DICCI trade fair on Friday that the fund would be set with contributions from established Dalit businessmen and corporate houses.   Currently, DICCI is seeking subscription from Indian companies but in future, foreign companies would also be able participate, he said. “Business houses

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