-The Times of India The government convened an all-party meet to end the FDI logjam in Parliament on Tuesday morning. The all-important meeting was chaired by Pranab Mukherjee, and according to Times Now, failed to make any breakthrough. It remains to be seen if the opposition parties allow Parliament to function. Pranab Mukherjee, who met the opposition leaders to end the FDI crisis in Parliament, is likely to apprise Prime Minister manmohan singh about...
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PM manmohan singh got past a split cabinet to push retail FDI by Shekhar Iyer
It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated — debate on the pros and cons of opening up a sector that was so far considered politically too sensitive for farmers, small traders and consumers. Finally it took the prime minister to...
More »Despite dissent in ranks, Congress to defend FDI in retail by Smita Gupta
Antony, Jairam and Virbhadra say it will hit small retailers badly The United Progressive Alliance government pushed through the proposal to permit 51% FDI in multi-brand retail and 100% foreign equity in single-brand trading on Thursday, in the face of vigorous protests not just from the Opposition and ally Trinamool Congress (TMC), but also disquiet in a section of the Congress. Following up on this, the Congress Core Group met here on...
More »BJP warns of FDI protests
-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...
More »Anti-corruption campaigners in India risk their lives by Rupa Jha
Bhukan Singh is a small, shy figure, with a nervous smile - he does not look like a hero. But standing in a field near his home, he recalls the day last March when his fight for transparency and justice in the eastern Indian state of Jharkhand nearly resulted in his death. "In today's India speaking the truth is not easy," Mr Singh, 44, says wistfully, remembering how, on that March day...
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