-The Times of India The political silence over yet another religious clash in Uttar Pradesh showcased the importance of Mulayam Singh Yadav in the current flux, with neither the right nor the Left wanting to annoy him. The killing of six Muslims in police firing following arson over desecration of the Quran wrecked the peace in industrial Ghaziabad. While the clash involved police and a violent mob, it was the sixth communal...
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Left, right united in opposing retail FDI
-The Times of India The government is facing a pincer attack over its reform decisions with opposition parties ranging from BJP to the Left planning nation-wide protests, possibly on the same day, against UPA-2's bid to allow FDI in sectors like multi brand retail and civil aviation. Regional parties like Samajwadi Party and Janata Dal (U) also joined the chorus of protests, demanding a rollback of the hike in diesel prices along...
More »Mamata demands rollback, threatens to pull plug
-The Hindustan Times The government’s go-ahead to FDI in multi-brand retail on Friday drove another wedge between the Congress and the Trinamool Congress, with West Bengal chief minister Mamata Banerjee threatening to take “hard decisions” if the decision wasn't reconsidered within 72 hours. Banerjee, who has also demanded a rollback of the diesel price hike, said the decision was a “big jolt” and called an emergency meeting of her party in...
More »Traders to shut shop on Sept 20 against multi-brand FDI
-The Business Standard Are in talks with political parties for support, fear foreign players will invoke equal-treatment clause in bilateral pacts between India and other nations As the Cabinet Committee of Economic Affairsgave a green signal to the 51 per cent FDI in multi-brand retail, though leaving the implementation decision to the states, the traders’ community is all out to protest against the big policy decision. Calling the move unfortunate, Confederation of...
More »FDI in retail: Where states stand
-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout Haryana...
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