-First Post If we are willing to believe the best practice examples of cash transfers from Brazil and Philippines, and trust the UPA on the fact that their cash-for-subsidy is going to be all hunky-dory, we also have a right to believe Sitaram Yechury’s concerns about the fancy plan. According to the CPM leader, the cash transfer is a ploy by the government to dismantle the PDS and systematically reduce subsidies. “This is...
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Issues like food prices, PDS can hurt cash transfers plan in food-Madan Sabnavis
-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...
More »A BIT about Walmart-Prabhash Ranjan
-The Indian Express After the Centre had announced its intention to allow 51 per cent FDI in multibrand Retail, Walmart said it would open stores in India in the next two years. However, without a bilateral investment treaty (BIT) between India and the US, Walmart’s investments in India are likely to be governed solely by domestic laws. If India and the US enter into a BIT, Walmart, reportedly being probed for...
More »FDI in Retail: Government agrees to a vote; Kamal Nath to meet Arun Jaitley, Sushma Swaraj today -Mala Das
-NDTV Officially, the UPA says it will abide by the Lok Sabha Speaker's decision on whether or not a discussion in the House on foreign direct investment in multi-brand Retail will be followed by a vote. It seems, however, to be preparing for that vote and Parliamentary Affairs Minister Kamal Nath will meet the BJP's Sushma Swaraj and Arun Jaitley today to discuss modalities. The Manmohan Singh government had so far...
More »Confident government agrees to vote on FDI
-The Times of India The gridlock in Parliament over foreign direct investment in multi-brand Retail is set to ease with the Manmohan Singh government - armed with ally DMK's support - dropping its resistance to a discussion under a rule that necessitates a vote. The detente over FDI could see fresh discussion between the ruling coalition and BJP over the winter session's legislative agenda with parliamentary affairs minister Kamal Nath expected to...
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