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Will not allow FDI in Bihar: Nitish Kumar

-IANS PATNA: Bihar chief minister Nitish Kumar on Monday said he was not in favour of allowing FDI in his state and added that farmers would not benefit at all from the UPA government's decision to open up the multi-brand retail market to FDI. Addressing a press conference here, the Bihar chief minister also said he had voiced his apprehension to the United Progressive Alliance (UPA) government in New Delhi about allowing...

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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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Left, right united in opposing retail FDI

-The Times of India The government is facing a pincer attack over its reform decisions with opposition parties ranging from BJP to the Left planning nation-wide protests, possibly on the same day, against UPA-2's bid to allow FDI in sectors like multi brand retail and civil aviation. Regional parties like Samajwadi Party and Janata Dal (U) also joined the chorus of protests, demanding a rollback of the hike in diesel prices along...

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Govt allows FDI in multi-brand retail, aviation

-Reuters India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh's government as it tries to revive the country's tottering economic growth. The government has decided to allow foreign airlines to buy stakes of up to 49 per cent in local carriers, heavy industries minister Praful Patel said on Friday, in a much-awaited policy move that...

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fdi in retail sector will help farmers’

-The Hindu They will be able to secure a premium price for their produce, says Chief Minister Chief Minister N. Kiran Kumar Reddy on Wednesday said foreign direct investment (FDI) in the retail sector would help farmers secure a premium price notwithstanding the controversy surrounding the Central policy matter. Addressing a meeting after inaugurating a godown at the Agriculture Market Yard here, Mr. Kiran Kumar Reddy said an investment of Rs. 500 crore...

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