-The Hindu In an attempt to pressurise the Union Government to roll back the decision to allow Foreign Direct Investment (FDI) in multi-brand retail, an “anti-FDI” protest march was organised by the National Association of Street Vendors of India (NASVI) at Jantar Mantar here on Wednesday. The protesters charged the Union Government with ignoring the interests of the working class and protecting the interests of the multi-national retail giants. NASVI president Arbind...
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Exploring with responsibility-Vijay Kumar AA
-The Indian Express Mining in India has come a long way in the last 50 years or so. From the Industrial Policy Resolution of 1957 to the National Mineral Policy (NMP) of 1993, and now to the NMP of 2008, it has shown a progressive shift towards bringing the private sector into exploration, mining and downstream value addition. However, the regulatory systems perhaps never managed to keep pace with developments on...
More »Retail FDI-for people or MNCs? -Shekhar Swamy
-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...
More »United against reform
-The Indian Express On FDI in retail, BJP and CPM positions range from inconsistent to obstructionist The responses of the major political formations to economic reform seem to be situational. They champion Investments and market-friendly measures when they are in office. When in the opposition, they take to the streets to oppose it. Shaken and stirred by the big bang of Manmohanomics 2.0, the Left and the Right plan to launch protests...
More »FDI in retail sector to create 10 million jobs in 10 years: Report
-PTI Foreign direct Investment in the retail sector is likely to create as many as 10 million jobs in a span of 10 years, making it the largest sector in organised employment, says a report. According to Indian Staffing Federation (ISF), an apex body of the flexi staffing industry in India, FDI in retail can create around 4 million direct jobs and almost 5 to 6 million indirect jobs including contractual employment...
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