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traders to shut shop on Sept 20 against multi-brand FDI

-The Business Standard Are in talks with political parties for support, fear foreign players will invoke equal-treatment clause in bilateral pacts between India and other nations As the Cabinet Committee of Economic Affairsgave a green signal to the 51 per cent FDI in multi-brand retail, though leaving the implementation decision to the states, the traders’ community is all out to protest against the big policy decision. Calling the move unfortunate, Confederation of...

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FDI in retail: Where states stand

-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout Haryana...

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Mamata demands rollback, threatens to pull plug

-The Hindustan Times The government’s go-ahead to FDI in multi-brand retail on Friday drove another wedge between the Congress and the Trinamool Congress, with West Bengal chief minister Mamata Banerjee threatening to take “hard decisions” if the decision wasn't reconsidered within 72 hours. Banerjee, who  has also demanded a rollback of the diesel price hike, said the decision was a “big jolt” and called an emergency meeting of her party in...

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Foodgate: Massive failures of policy have dented markets for sugar and wheat

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...

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Delhi government may impose blanket ban on plastic bags-Ambika Pandit & Neha Lalchandani

-The Economic Times After one failed attempt in 2009, the Delhi government is making yet another effort to make plastic bags history in Delhi. This time the proposed blanket ban comes with zero tolerance to even plastic used to cover school books, magazines and invitation cards. These are some of the provisions of a proposal of the environment department for imposing a ban on not just sale and use but even...

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