-IANS Many chief ministers, including non-Congress ones, support the proposal to allow foreign direct investment (FDI) in multi-brand retail, Commerce and Industry Minister Anand Sharma said Wednesday. "Now you have a fairly good number of chief ministers who have come out in support...We have continued a dialogue in a democratic spirit, a very open dialogue with the states," Sharma told reporters here after Coca-Cola Chairman Muhtar Kent met him. Sharma said he had...
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Food safety mess-Avimuktesh Bhardwaj
-Down to Earth Traders say Food Safety and Standards Act rolls out red carpet for multinationals The Food Safety and Standards Act (FSSA) of 2006 has not gone down well with food business operators. They say sections of the Act dealing with licensing, registration, hygiene standards, penalty provisions and powers of food safety inspectors are “draconian”. FSSA, which came into force in August last year, replaces the Prevention of Food Adulteration Act (PFA)...
More »Delhi re-tests FDI waters
-The Telegraph The Centre has renewed efforts to forge a consensus on allowing foreign direct investment in multi-brand retail by writing to all chief ministers, seeking to drive home the urgency against the backdrop of grim economic data. “Letters have been written to all chief ministers to build consensus to open up the multi-brand retail sector to FDI,” a commerce ministry official said. The statement came a day after the country posted its...
More »Forest wealth depleting fast in Western Ghats-Anil Urs
An expert panel has blamed the increase in commercial plantations for destroying forests, erosion of soil and water bodies in the Western Ghats. According to a Western Ghats Ecology Expert Panel report, which was submitted to the Ministry of Environment and Forests (MoEF) by its Chairman, Prof Madhav Gadgil, water guzzling crops and monoculture plantations such as tea, coffee, and cardamom are responsible for depleting forest wealth. “These crops have aggravated the...
More »Land acquisition bill: Sharma, Ramesh pick holes
-The Hindustan Times A day after a parliamentary panel sought to end state intervention in land acquisition for industry — both private and PPP, two cabinet ministers expressed their disagreement with its main recommendation. “State governments must have a role in land acquisition process — more so at a time when industrialisation and urbanisation have become inevitable and desirable,” minister for rural development Jairam Ramesh said. “Country has not yet reached...
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