Even as a controversy is raging over the government decision to allow FDI in Retail, activity is seen on the food security front, with several parties proposing to join a “Jan Manch” (public discussion) about the proposed National Food Security Bill organised here on Tuesday. “Almost all political parties have confirmed their participation” in the event being organised by the Right to Food Campaign, human rights activist Kavita Srivastava told a...
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FDI in Retail: All-party meet chaired by Pranab Mukherjee ends
-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...
More »FDI in multi-brand Retail will create 10 m jobs: Anand Sharma
-The Hindu This is a major step towards providing liberation to farmers, says Sharma Ridiculing claims that opening of foreign direct investment (FDI) in multi-brand Retail will lead to displacement and unemployment, Union Commerce and Industry Minister Anand Sharma on Friday asserted that this bold move would lead to creation of 10 million jobs and billions of dollars in investments during the next three years. Brushing aside the criticism by the Opposition parties,...
More »Mart liberalisation scales Trinamul wall
-The Telegraph The cabinet today unlocked the Retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand Retail, which will allow the entry of giants that are already household names in a country...
More »FDI in Retail, trigger for another day of tumult
-The Hindu Trinamool jumps on Opposition bandwagon, while Akali Dal backs move Cabinet clearance for Foreign Direct Investment in multi-brand Retail led to tumult and uproar in Parliament, with both Houses adjourning without transacting any business for the third successive day on Friday. Going by the Opposition's hostile reaction, there is a question mark over smooth conduct of proceedings when Parliament meets on Monday. Communist Party of India Parliamentary Party leader Gurudas Dasgupta has...
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