-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 »SEARCH RESULT
Why India needs democracy by Markandey Katju
What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization. Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...
More »Left wants govt to revoke FDI decision
-PTI Strongly protesting the decision to open up the retail sector to FDI, Left parties on Friday termed the move as “unprecedented” and said the government should have discussed it first in Parliament before taking the decision. “It is unprecedented. When Parliament is in session, a major decision was taken outside Parliament. It has never happened,” CPI(M) leader Sitaram Yechury told reporters outside Parliament House. “We will not discuss the FDI issue in...
More »FDI in retail will impact food chain, says BJP
-The Hindu The Bharatiya Janata Party is unambiguous in opposing the government move to throw open the retail sector to Foreign Direct Investment. The party believes that allowing foreign investment in multi-brand retail would adversely impact the retail sector, which is growing, and put the country's entire food chain system into the hands of foreign firms. At a news conference here, leaders of the Opposition in the Lok Sabha and the Rajya Sabha,...
More »India Maoists 'spread to north-east states' by Amitabha Bhattasali
India's Maoists have spread north-east, gaining a foothold in the strategically located states bordering China and Burma, officials and analysts say. The Maoists are filling the void created by dwindling ethnic insurgent groups like the Ulfa, an Institute for Conflict Management (ICM) report says. One key Assam official told the BBC that boys thought to have gone south for jobs had instead joined the rebels. The Maoists have become squeezed in their traditional...
More »