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...
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Trinamul to stall retail FDI plan
-The Telegraph The Trinamul Congress will oppose foreign direct investment (FDI) in retail and pension funds as well as changes in rules that will allow foreign airlines to invest in Indian carriers. Mamata Banerjee has instructed her sole member of the cabinet — railway minister Dinesh Trivedi — to oppose the retail proposal at tomorrow’s cabinet meeting, the minister confirmed today. The Trinamul roadblock is being seen as an attempt to reaffirm its...
More »Food security scheme will have to wait for delayed BPL survey by K Balchand
The all-crucial Below the Poverty Line (BPL) survey will not be completed ahead of the start of the 12th Five-Year Plan and consequently the execution of the promised food security entitlement, for which the government intends passing legislation in the coming Parliament session, will suffer. Following a review meeting with officials of all States here on Friday, Rural Development Minister Jairam Ramesh admitted that the deadline for conducting the Socio Economic...
More »Jairam targets Mayawati again by K Balchand
Says she failed to act against officials who swindled MGNREGS funds, presses for CBI probe The war of words between the Congress and the Bahujan Samaj Party in the run-up to the Assembly elections has intensified, with a Union Minister blaming Chief Minister Mayawati for failing to act against officials who had allegedly swindled funds of a Central government scheme in seven districts of Uttar Pradesh. Union Minister for Rural Development Jairam...
More »Centre regains Lokpal nerve by Sanjay K Jha
The Centre is preparing to introduce its own version of the Lokpal bill following its assessment that Team Anna’s Jan Lokpal bill does not enjoy as widespread a support among experts as assumed initially. A Parliament standing committee is looking into the bill now. Not all the panel’s recommendations may be accepted but the government has taken heart from the developments during the committee’s talks with various groups. “We have interacted with...
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