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FDI policy suspended for now for peace in Parliament

-IANS The deadlock in Parliament over the government's decision to allow foreign direct investment (FDI) in retail ended on Wednesday after an all-party meeting passed a resolution to suspend the move till a consensus was reached. Both houses of Parliament functioned normally and took the crucial Question Hour for the first time since the Winter session began on November 22. Finance minister Pranab Mukherjee who chaired the meeting made a brief statement in...

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RTE breach: Students highlight woes, seek judicial help

-The Times of India   In less than a fortnight since the government notified rules under Right To Education (RTE) Act 2009, hundreds of students started a postcard campaign on Tuesday highlighting various ways in which schools are flouting the norms. Addressed to the Chief Justice of Delhi high court, the postcards brought to light the unfavourable conditions prevalent in government and MCD run schools. The first day of the campaign was conducted...

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Dow and Olympics: Ball is in PM's court by Sujay Mehdudia

The Ministry of External Affairs (MEA) has asked the Prime Minister's Office (PMO) to ask the Sports and Youth Affairs Ministry to raise the controversial matter of Dow Chemical sponsorship for the London Olympics 2012 with the International Olympic Committee (IOC). This should be done through the National Olympic Committee in view of the strong public opinion within India. The sponsorship issued has led to outrage among the Bhopal tragedy victims...

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Business asks farmers to speak up against FDI ‘false drama’

-The Telegraph   Two prominent leaders of India Inc have slammed the way Parliament has virtually been locked down by “misconceived and unfortunate” protests against foreign investment in retail — a decision they termed “an essential part of India’s growth story”. The concerns and an appeal to farmers, consumers and common people have been flagged in an open letter by Ashok Ganguly and Deepak Parekh. Ganguly, a Rajya Sabha MP, is a former...

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Parekh, Ganguly ask India Inc to back govt’s FDI in retail move

-The Times of India   HDFC chairman Deepak Parekh and Member of Parliament Ashok Ganguly have appealed to Corporate India to come out strongly in support of a besieged government, which is overwhelmed by opposition to its proposal to open up foreign investment in retail.   The two senior business leaders are part of a group of 14 eminent citizens who came together to raise the issue of policy paralysis and later on the...

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