Having publicly objected to the Communal Violence Bill drafted by the Sonia Gandhi-led National Advisory Council (NAC), the Narendra Modi-led Gujarat government has now sent its strong objections to Sonia’s pet project, National Food Security Bill, terming it against the sanctity of the federal structure of the Constitution. Gujarat has objected to provisions that allow the Centre to prescribe terms and conditions for the appointment of district grievance redressal officers, empowers...
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Retail FDI confronts twin hurdles by R Suryamurthy
Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...
More »BJP warns of FDI protests
-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...
More »Lokpal likely to be a constitutional body
-The Economic Times The standing committee vetting the Lokpal Bill has reached a consensus on making the proposed anti-graft ombudsman a constitutional body. The suggestion to upgrade the status of Lokpal to a constitutional body had first come from Congress general secretary and Lok Sabha MP from Amethi Rahul Gandhi. At its meeting on Thursday, all members of the standing committee, headed by Congress leader Abhishek Manu Singhvi, were unanimous that Lokpal...
More »Mart liberalisation scales Trinamul wall
-The Telegraph The cabinet today unlocked the retail market for foreign direct investment, braving the Trinamul Congress’s objections but assuring Mamata Banerjee earlier in the day that state governments would have enough leeway to protect the interests of farmers. The most significant of today’s decisions is the clearance to 51 per cent foreign investment in multi-brand retail, which will allow the entry of giants that are already household names in a country...
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