Manmohan Singh today refused to yield to pressure on the question of allowing foreign direct investment in retail and appeared ready for a protracted battle, including the risk of a vote in Parliament despite his government’s fragile majority. Somewhat reminiscent of his nuclear deal stand, the Prime Minister confronted those who had accused the government of taking a hasty decision on retail. “We have not taken this decision in haste, but after...
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Lady IAS topper scores graft first by GS Radhakrishna
Yerra Srilakshmi was an IAS topper but has added another feather to her cap, although a dubious one. She is the first woman IAS officer to be arrested for alleged corruption. The 1988-batch officer, held yesterday in connection with the mining case involving the Obulapuram Mining Company (OMC), owned by arrested former Karnataka minister and mining baron Gali Janardhan Reddy, was today remanded in CBI custody for three days by a local...
More »Kishenji encounter fake, says BJP
-The Hindu The encounter in which Maoist leader Kishenji was killed on November 24 was “staged,” Rahul Sinha president of the State unit of the Bharatiya Janata Party said here on Wednesday. “It is as clear as daylight that the encounter in which he was killed was staged,” Mr. Sinha said while addressing a party rally. Pointing out that had it been a genuine encounter there would not have been so many bullets...
More »FDI in retail: Shutdown hits life in Himachal Pradesh
-IANS Shops and commercial establishments were closed in Himachal Pradesh's major towns Thursday as workers of the ruling Bharatiya Janata Party (BJP) and Communist Party of India-Marxist (CPI-M) as well as traders protested the decision to allow foreign direct investment (FDI) in retail. However, there was no report of traffic being held up due to the strike. There was also no report of violence anywhere, an official at the police headquarters here...
More »FDI in retail: Farmer bodies throw their weight behind retail FDI by Sutanuka Ghosal & Nidhi Nath Srinivas
Large farm lobbies are backing the government's decision to allow foreign supermarkets to set up shop in the country, saying it will shorten the supply chain and get growers a larger share of the final selling price. Most farmers, however, want the government to go a step further and make it mandatory for retailers to buy 75% of their produce directly from farmers, bypassing the restrictive 'mandi' auction system. "Traders and middlemen...
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