-IANS The UPA government on Friday dealt a major blow to the opposition in the Rajya Sabha by winning a vote on FDI in retail by 14 votes and declared that there was no stopping India's reform process. In contrast to speculation that the government may lose the vote in the upper house, the victory proved pretty easy as the Samajwadi Party (SP) trooped out — like in the Lok Sabha on...
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At home in the House
-The Indian Express After being taken to the streets, rallies and TV studios, FDI in retail is finally being discussed in Parliament. This may be a debate forced upon the government with the threat of persistent Parliamentary obstruction, and submitting executive policy to voting in the House may be an extraordinary step that could be routinised at the system’s peril. But it is illuminating, nonetheless, to see the play of perspectives...
More »Parliamentary Standing Committee likely to submit its report on Food Security Bill during the winter session -Rituraj Tiwari
-The Economic Times The Parliamentary standing committee on food is giving a final shape to the UPA-II government's ambitious Food Security Bill. It is likely to submit its report during this session which is likely to end on December 21. Committee chairman Vilas Muttemwar summoned senior food ministry officials on Monday to study the availability of grains and the ministry's readiness to roll out the project. The government, however, is likely to present...
More »How Wal-Mart got a foot in the door of India's retail market
-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...
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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