With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the CABinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...

-The Hindu   Parliament logjam continues   The government and the Opposition hardened their stance on Foreign Direct Investment (FDI) in the multi-brand retail sector, as Parliament remained disrupted for the third day on Tuesday on the issue. A meeting convened by Leader of the House and Finance Minister Pranab Mukherjee to reach out to the Opposition on the issue, 90 minutes before Parliament began its session, proved nothing more than a ritual. The entire Opposition...

Cutting across party lines, several members of Parliament backed a universal public distribution system to ensure food security for all citizens “as a right” and vowed to oppose the ‘targeted' food security bill in Parliament. Among the participants at a Jan Manch organised by the Right to Food Campaign were G. Vivekananda, K. Keshava Rao and Mani Shankar Aiyer (Congress), Prakash Javadekar (BJP), Brinda Karat and P. Rajeev (CPI-M), D. Raja...

-The Hindu   The Rajasthan CABinet on Monday put its seal of approval on a controversial decision to give khatedari rights to over 30,000 farmers occupying the custodian land in Alwar, Bharatpur, Hanumangarh and Sriganganagar districts, vacated mostly be those driven out of the State during the Partition, by paying a nominal regularisation fee. The farmers, whose ancestors were allotted the custodian land, were earlier required to pay 25 per cent of the...

—PTI Differences in the Congress over allowing FDI in retail surfaced on Sunday with Kerala Pradesh Congress Committee chief Ramesh Chennithala writing to Prime Minister Manmohan Singh opposing the move and asking the party government in the State not to implement it. Party equations The Congress in Kerala has been opposing FDI in retail fearing that the Opposition Left will capitalise on it by weaning away small and marginal retail shop owners from...