Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [[maximum depth reached]]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/consensus-route-to-retail-fdi-8720/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/consensus-route-to-retail-fdi-8720/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [[maximum depth reached]]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/consensus-route-to-retail-fdi-8720/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/consensus-route-to-retail-fdi-8720/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-trace').style.display = (document.getElementById('cakeErr67fdd13b1e2df-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67fdd13b1e2df-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-code').style.display = (document.getElementById('cakeErr67fdd13b1e2df-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-context').style.display = (document.getElementById('cakeErr67fdd13b1e2df-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67fdd13b1e2df-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67fdd13b1e2df-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 8619,
		&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 8720,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 8619,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;FDI&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 8619,
	&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 8720,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 8619
$metaTitle = &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;
$metaKeywords = &#039;FDI&#039;
$metaDesc = &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;
$disp = &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/consensus-route-to-retail-fdi-8720.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Consensus route to retail FDI | Im4change.org</title>
    <meta name="description" content="
-The Telegraph 


&nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&ldquo;Discussions are under way to build..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Consensus route to retail FDI</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <p>-The Telegraph </p><p>&nbsp;</p><div align="justify">India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br /><br />&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br /><br />Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br /><br />Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br /><br />&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br /><br />&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br /><br />Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br /><br />An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br /><br />However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br /><br />Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br /><br />Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br /><br />Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br /><br />Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br /><br />Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-trace').style.display = (document.getElementById('cakeErr67fdd13b1e2df-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67fdd13b1e2df-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-code').style.display = (document.getElementById('cakeErr67fdd13b1e2df-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-context').style.display = (document.getElementById('cakeErr67fdd13b1e2df-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67fdd13b1e2df-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67fdd13b1e2df-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 8619,
		&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 8720,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 8619,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;FDI&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 8619,
	&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 8720,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 8619
$metaTitle = &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;
$metaKeywords = &#039;FDI&#039;
$metaDesc = &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;
$disp = &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/consensus-route-to-retail-fdi-8720.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Consensus route to retail FDI | Im4change.org</title>
    <meta name="description" content="
-The Telegraph 


&nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&ldquo;Discussions are under way to build..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Consensus route to retail FDI</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <p>-The Telegraph </p><p>&nbsp;</p><div align="justify">India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br /><br />&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br /><br />Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br /><br />Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br /><br />&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br /><br />&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br /><br />Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br /><br />An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br /><br />However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br /><br />Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br /><br />Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br /><br />Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br /><br />Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br /><br />Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-trace').style.display = (document.getElementById('cakeErr67fdd13b1e2df-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67fdd13b1e2df-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-code').style.display = (document.getElementById('cakeErr67fdd13b1e2df-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fdd13b1e2df-context').style.display = (document.getElementById('cakeErr67fdd13b1e2df-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67fdd13b1e2df-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67fdd13b1e2df-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 8619,
		&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 8720,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 8619,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;FDI&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 8619,
	&#039;title&#039; =&gt; &#039;Consensus route to retail FDI&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;p&gt;
-The Telegraph 
&lt;/p&gt;
&lt;p&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;div align=&quot;justify&quot;&gt;
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;
&lt;br /&gt;
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;
&lt;br /&gt;
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;
&lt;br /&gt;
Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;
&lt;br /&gt;
An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;
&lt;br /&gt;
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;
&lt;br /&gt;
Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;
&lt;br /&gt;
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;
&lt;br /&gt;
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;
&lt;br /&gt;
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;
&lt;br /&gt;
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;consensus-route-to-retail-fdi-8720&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 8720,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 8619
$metaTitle = &#039;LATEST NEWS UPDATES | Consensus route to retail FDI&#039;
$metaKeywords = &#039;FDI&#039;
$metaDesc = &#039;
-The Telegraph 


&amp;nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&amp;ldquo;Discussions are under way to build...&#039;
$disp = &#039;&lt;p&gt;-The Telegraph &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;div align=&quot;justify&quot;&gt;India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&amp;rdquo; Mukherjee said.&lt;br /&gt;&lt;br /&gt;Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.&lt;br /&gt;&lt;br /&gt;Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&amp;rdquo; Geithner told the same gathering.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&amp;rdquo; Geithner added.&lt;br /&gt;&lt;br /&gt;Washington is keenly awaiting New Delhi&amp;rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.&lt;br /&gt;&lt;br /&gt;An inter-ministry group on inflation under Mukherjee&amp;rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.&lt;br /&gt;&lt;br /&gt;However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.&lt;br /&gt;&lt;br /&gt;Research shows a well developed retail chain can eliminate middlemen in the food business &amp;mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.&lt;br /&gt;&lt;br /&gt;Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.&lt;br /&gt;&lt;br /&gt;Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.&lt;br /&gt;&lt;br /&gt;Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.&lt;br /&gt;&lt;br /&gt;Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/consensus-route-to-retail-fdi-8720.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Consensus route to retail FDI | Im4change.org</title>
    <meta name="description" content="
-The Telegraph 


&nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&ldquo;Discussions are under way to build..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Consensus route to retail FDI</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <p>-The Telegraph </p><p>&nbsp;</p><div align="justify">India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br /><br />&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br /><br />Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br /><br />Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br /><br />&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br /><br />&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br /><br />Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br /><br />An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br /><br />However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br /><br />Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br /><br />Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br /><br />Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br /><br />Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br /><br />Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 8619,
		'title' => 'Consensus route to retail FDI',
		'subheading' => '',
		'description' => '<p>
-The Telegraph 
</p>
<p>
&nbsp;
</p>
<div align="justify">
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br />
<br />
&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br />
<br />
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br />
<br />
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br />
<br />
&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br />
<br />
&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br />
<br />
Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br />
<br />
An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br />
<br />
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br />
<br />
Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br />
<br />
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br />
<br />
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br />
<br />
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br />
<br />
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br />
</div>',
		'credit_writer' => 'The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'consensus-route-to-retail-fdi-8720',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 8720,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 8619,
	'metaTitle' => 'LATEST NEWS UPDATES | Consensus route to retail FDI',
	'metaKeywords' => 'FDI',
	'metaDesc' => '
-The Telegraph 


&nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&ldquo;Discussions are under way to build...',
	'disp' => '<p>-The Telegraph </p><p>&nbsp;</p><div align="justify">India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br /><br />&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br /><br />Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br /><br />Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br /><br />&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br /><br />&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br /><br />Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br /><br />An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br /><br />However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br /><br />Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br /><br />Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br /><br />Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br /><br />Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br /><br />Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br /></div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 8619,
	'title' => 'Consensus route to retail FDI',
	'subheading' => '',
	'description' => '<p>
-The Telegraph 
</p>
<p>
&nbsp;
</p>
<div align="justify">
India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br />
<br />
&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br />
<br />
Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br />
<br />
Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br />
<br />
&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br />
<br />
&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br />
<br />
Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br />
<br />
An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br />
<br />
However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br />
<br />
Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br />
<br />
Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br />
<br />
Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br />
<br />
Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br />
<br />
Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br />
</div>',
	'credit_writer' => 'The Telegraph, 29 June, 2011, http://www.telegraphindia.com/1110629/jsp/business/story_14173827.jsp',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'consensus-route-to-retail-fdi-8720',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 8720,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 8619
$metaTitle = 'LATEST NEWS UPDATES | Consensus route to retail FDI'
$metaKeywords = 'FDI'
$metaDesc = '
-The Telegraph 


&nbsp;


India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.

&ldquo;Discussions are under way to build...'
$disp = '<p>-The Telegraph </p><p>&nbsp;</p><div align="justify">India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington.<br /><br />&ldquo;Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,&rdquo; Mukherjee said.<br /><br />Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics.<br /><br />Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector.<br /><br />&ldquo;We are just at the very beginning of unlocking the enormous potential of this relationship,&rdquo; Geithner told the same gathering.<br /><br />&ldquo;India is at the point now where future growth will depend on the success of the next wave of reforms,&rdquo; Geithner added.<br /><br />Washington is keenly awaiting New Delhi&rsquo;s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred.<br /><br />An inter-ministry group on inflation under Mukherjee&rsquo;s chief economic adviser Kaushik Basu has recommended the opening up of the sector.<br /><br />However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores.<br /><br />Research shows a well developed retail chain can eliminate middlemen in the food business &mdash; who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business.<br /><br />Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses.<br /><br />Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said.<br /><br />Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&amp;T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control.<br /><br />Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case. <br /></div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

Consensus route to retail FDI

-The Telegraph   India is trying to build a consensus on liberalising foreign direct investment (FDI) in retail and defence, finance minister Pranab Mukherjee today told a gathering of business leaders and policy makers in Washington. “Discussions are under way to build a consensus on further liberalisation of the FDI policy in retail and defence,” Mukherjee said. Differences exist within the Indian government on the appropriate policies for foreign direct investments in the two sectors. The commerce ministry has proposed majority FDI in defence and retail, but the defence ministry wants a maximum of 49 per cent FDI in its field. Some other ministries are opposed to the freeing up of retail and have asked foreigners to invest heavily in cold chains and retail logistics. Mukherjee will be holding talks on bilateral economic partnership with US treasury secretary Timothy Geithner from tomorrow. The US wish list includes the opening up of Indian industry and the financial sector. “We are just at the very beginning of unlocking the enormous potential of this relationship,” Geithner told the same gathering. “India is at the point now where future growth will depend on the success of the next wave of reforms,” Geithner added. Washington is keenly awaiting New Delhi’s moves on retail. The Indian government allows 51 per cent FDI in single-brand retail and 100 per cent in wholesale cash-and-carry. However, multi-brand retailers such as Walmart and Tesco are barred. An inter-ministry group on inflation under Mukherjee’s chief economic adviser Kaushik Basu has recommended the opening up of the sector. However, the government has sought time to bring on board its allies as well as the Opposition parties, who fear for the future of small retail stores. Research shows a well developed retail chain can eliminate middlemen in the food business — who pocket 60-80 per cent of the price paid by a consumer. Organised retail comprises just 4 per cent of the business. Limits on defence FDI, now at 26 per cent, have become a bone of contention between not only the defence and commerce ministries, but also between foreign investors and Indian corporate houses. Foreign aerospace firms backed by European embassies have been making a case for 74-100 per cent stake; only then can they bring proprietory technology into India, the companies said. Indian corporate houses engaged in defence such as the Tatas, Mahindra and L&T are, however, bitterly opposed to such a blanket relaxation and have instead argued in favour of relaxing FDI to 49 per cent, with Indians remaining in majority control. Assocham in a note to the government has also sought FDI cap to be kept at 49 per cent. Ficci has even said that 49 per cent FDI should be allowed as a special case.