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FDI in retail: 5 crore traders to down shutters today

-The Times of India Several Bharti-Walmart stores will remain closed on Thursday as a precautionary measure due to the bandh called by traders across the country, sources said. World's second largest retailer Carrefour, which is present in the wholesale segment in the country, also beefed up security at its stores in Delhi and Jaipur. Private security guards patrolled the Carrefour store in the crowded Shahdra area in east Delhi and vigorously checked...

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The Private Sector's turn to deliver by Sukhadeo Thorat

The government's decision to set aside a 20 per cent quota for SC/ST vendors in its purchases, if accepted by every sector on a wider scale, has the potential to makegrowth pro-poor and inclusive. The Central government has finally announced a policy reserving 20 per cent of its purchases for micro and small enterprises run by entrepreneurs belonging to the Scheduled Castes and the Scheduled Tribes. The new procurement policy will...

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FDI in retail: Row over FDI in retail escalates as state governments and UPA allies join opposition

-The Economic Times   The row over opening up of the retail sector escalated on Monday with Congress' Kerala unit backing the rollback demand of 12 Opposition-controlled state governments and UPA allies DMK and Trinamool Congress.  The fissures within the ruling alliance and the potential of the issue to bring disparate Opposition groups together saw Congress president Sonia Gandhi intervening to cut political losses for her party. Sonia, who held consultations with Prime...

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FDI row: Desperate finance minister, helpless party by Sheela Bhatt

Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...

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Panel on health coverage addresses World Bank concerns by Aarti Dhar

The High Level Expert Group on Universal Health Coverage for India on Sunday held a brainstorming session here to address concerns raised by the World Bank over some of the recommendations in its report for the 12th Five Year Plan. Among the issues raised were marginalisation of the Private Sector and the “elimination of intermediation by insurance companies.” The expert group, which will revert to the Planning Commission on Monday with...

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