Indian traders reject FDI in multi-brand retail and emphasise the need for a policy to regulate the labour-intensive sector. TRADERS across the country responded angrily to the Union Cabinet's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail trade, disproving the arguments of the United Progressive Alliance (UPA) government and the assessment of corporate India, which had tried hard to make it appear that traders and...

-IBN   The much hyped Unique Identification (UID) project led by Nandan Nilekani has run into trouble after the Parliamentary Standing Committee on Finance rejecting the National Identification Authority of India Bill, 2010 in its present form. The committee headed by Yashwant Sinha pointed out several anomalies in the existing bill and urged the government to "reconsider and review the UID scheme as also the proposals contained in the Bill in all its...

-Live Mint The news that a Parliamentary Committee has rejected its proposed Bill must come as a jolt to the Unique Identification Authority of India (UIDAI). Reports say that the committee was concerned about duplication with the National Population Register (NPR), the technology, data protection, and the cost. This comes closely on the heels of the home ministry’s contention that UIDAI does not meet the “degree of assurance” required for NPR,...

The Mines and Minerals (Development and Regulation) (MMDR) Bill, which seeks to replace a decades-old mining law, was introduced in the Lok Sabha on Monday, but may become law only by next year as a Parliamentary Committee is now expected to examine it over the next few months, a mines ministry official said. “The standing committee will be looking at the Bill. They might take two-three months to examine it,” said...

Two days after major opposition parties extended their support to the demand for a strong Lokpal (ombudsman) as proposed by the anti-graft crusader Anna Hazare during his one day fast at Jantar Mantar, Uttar Pradesh (UP) chief minister and Bahujan Samaj Party (BSP) supremo Mayawati also offered her conditional endorsement. Mayawati on Tuesday rejected the Parliamentary Standing committee's report on Lokpal bill. She described the Lokpal report drafted by the committee...