-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and Pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...
More »SEARCH RESULT
Total Matching Records found : 1095
Protest marches to demand food security law reach Jaipur
-The Times of India JAIPUR: The " Rozi Roti Adhikar Yatra" (rally for right to food and employment) that was flagged off from Udaipur district on September 30, reached Jaipur on Saturday after traversing through six districts where it created awareness among people to fight for food security for all without distinction on economic criteria. Several other rallies in the state to demand an effective national food security legislation started from different...
More »The role of the small retailer -CP Chandrasekhar
-The Hindu In its attempt to demonstrate to foreign capital that it is committed to reform, UPA II has launched on what many consider a liberalisation blitz. A principal feature of the new measures is the greater space and influence being afforded to foreign investors in sectors varying from retail and civil aviation to insurance and Pensions. Multiple arguments have been put out by official spokespersons to justify the new measures:...
More »UPA-II gambles with another round of big bang reforms -Sujay Mehdudia
-The Hindu FDI cap in insurance raised to 49%; foreign investment in Pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the Pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...
More »How does National Pension Scheme work?
-The Economic Times Anyone between 18 and 55 years can join National Pension Scheme. There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment. You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of...
More »
