In the Winter of 2009, Vilam Singh, a young tribal farmer from Chhattisgarh's Kawardha district, applied for 100 rupee-a-day work under MNREGA, the rural job scheme. One year later, the same below-the-poverty line farmer bought land worth 3.36 crore rupees in another district, Janjgir Champa. What explains the sudden turn of fortune? "He did not turn rich overnight. He was simply roped in to act as a front by a power company that...
More »SEARCH RESULT
Total Matching Records found : 1082
Wholesale sell-out by Sitaram Yechury
The current impasse in Parliament has created a logjam that threatens to disrupt the proceedings of the Winter session. The latest reason that has brought the situation to such a pass is the decision of the Union cabinet to permit foreign direct investment (FDI) in the multi-brand retail sector, opening the way for international supermarket giants like Wal-Mart, Carrefour and Tesco to open their shops in India. While the Cabinet does...
More »FDI row: Desperate finance minister, helpless party by Sheela Bhatt
Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...
More »FDI in retail: Opposition to corner govt in Parliament
-PTI In a rare show of unity, a combined Opposition will seek to corner the UPA government in Parliament on Monday on its decision to allow FDI in retail. A clear indication to this effect was given today by the Leader of Opposition in Lok SabhaSushma Swaraj who said BJP leader Murli Manohar Joshi has submitted a notice ofadjournment motion on the FDI issue on behalf of the party. "We want the House...
More »Jaya joins cry against govt on retail FDI
-The Telegraph Tamil Nadu chief minister Jayalalithaa today joined the chorus against the entry of foreign capital in multi-brand retail, saying the Centre’s decision that smacked of “overweening arrogance” would affect the livelihood of millions of small-time traders. In Delhi, the under-fire UPA brought out a full-page ad in newspapers that said the move would “generate 10 million new jobs” contrary to the “mistaken belief” that it would result in widespread unemployment. The...
More »
