-PTI In a rare show of unity, a combined Opposition will seek to corner the UPA government in Parliament on Monday on its decision to allow FDI in retail. A clear indication to this effect was given today by the Leader of Opposition in Lok SabhaSushma Swaraj who said BJP leader Murli Manohar Joshi has submitted a notice ofadjournment motion on the FDI issue on behalf of the party. "We want the House...
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Retail FDI confronts twin hurdles by R Suryamurthy
Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...
More »Government firm on FDI in retail, may at best defer decision by Smita Gupta
The United Progressive Alliance government appeared determined on Monday not to roll back its decision to permit foreign direct investment (FDI) in the multi-brand retail sector, despite intense pressure from allies and the Opposition alike, not to mention the Congress' Uttar Pradesh unit which faces an uphill task in next year's Assembly polls. At best, sources said, the government might postpone a decision on its implementation by referring it to an...
More »Draft Food Bill likely to go to Cabinet by December 10: KV Thomas
-PTI Food Minister K V Thomas today said the draft Food Security Bill is expected to go to Cabinet by December 10 to pave the way for its introduction in the ongoing Winter Session of Parliament. "We have asked the government departments to send their comments on the draft Food Security Bill by December 1. After this, it is expected to go to the Union Cabinet by December 10," Thomas, whose...
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...
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