-The Times of India The opposition-sponsored Bharat bandh demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas cylinders and allow foreign direct investment in multi-brand Retail has evoked mixed response across the nation. Besides the NDA and the Left, the Thursday shutdown has the support of parties like the Samajwadi Party, the TDP, the BJD and many others. In Tamil Nadu, the DMK, which is an ally...
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Yogendra Yadav on why neither Congress, BJP & Left will benefit from political crisis
-The Economic Times Opining that the government has got 'fed up' of the Trinamool Congress (TMC), political analyst Yogendra Yadav told ET Now that government has closed its doors for the TMC. This he feels has been evident for a long time. With the local relations in West Bengal turning sour, Congress sees little benefit from tieing up with TMC, he said. Asked about the liklihood of the Samajhwadi Party (SP) extending support...
More »FDI in Retail sector to create 10 million jobs in 10 years: Report
-PTI Foreign direct investment in the Retail sector is likely to create as many as 10 million jobs in a span of 10 years, making it the largest sector in organised employment, says a report. According to Indian Staffing Federation (ISF), an apex body of the flexi staffing industry in India, FDI in Retail can create around 4 million direct jobs and almost 5 to 6 million indirect jobs including contractual employment...
More »Retail FDI-for people or MNCs? -Shekhar Swamy
-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by Retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational Retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...
More »United against reform
-The Indian Express On FDI in Retail, BJP and CPM positions range from inconsistent to obstructionist The responses of the major political formations to economic reform seem to be situational. They champion investments and market-friendly measures when they are in office. When in the opposition, they take to the streets to oppose it. Shaken and stirred by the big bang of Manmohanomics 2.0, the Left and the Right plan to launch protests...
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