-The Business Standard Why the hue and cry over Walmart? Many of India Inc's big ones are no strangers to lobbying in the US There is a very fine line that separates lobbying from Bribery, and there are diverse opinions on what kind of influential pressure on lawmakers qualifies as acceptable, and what doesn't. Quite clearly, Bribery is illegal and unacceptable, there is nothing wrong in lobbying per se -- at least...
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Govt. orders judicial probe into Walmart lobbying
-PTI Bowing to opposition pressure, the government on announced a time-bound inquiry by a retired judge into reports of lobbying by retail giant Walmart to gain entry into India. Parliamentary Affairs Minister Kamal Nath made the announcement as soon as the Lok Sabha met for the day. “Government will appoint a retired judge to hold a time-bound inquiry into the media reports regarding Walmart,” Mr. Nath said. The issue of retail giant Walmart lobbying...
More »For profit, not people-Sitaram Yechury
-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...
More »Walmart lobbying report sparks stir, BJP, Left Front demand probe
-CNN-IBN The Opposition is crying foul over reports of global retail giant Walmart lobbying US lawmakers to get into India. The BJP and the Left Front joined hands to collectively take on the government, demanding an inquiry into reports that Walmart had spent Rs 125 crore on lobbying with US lawmakers to facilitate its expansion into markets including India over the past four years. The BJP, in fact, compared it to...
More »Gloves off as House debates retail FDI
-The Hindustan Times The much-anticipated two-day debate on the government’s decision to allow FDI in multi-brand retail got off to a spirited start in the Lok Sabha on Tuesday, with both the Opposition and the Congress fiercely defending their stands. But, the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) had the government on tenterhooks a day ahead of the vote on a resolution opposing the FDI move. Even as...
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