-BBC India's PM Manmohan Singh has defended the decision to open up the retail market to global supermarket chains, saying it will be good for both "farmers and the common man". Mr Singh was reacting to opposition demands to reverse the decision to allow 51% foreign ownership of multi-brand retail stores. Opposition politicians say the move will Damage India's small retailers. Parliament has been in uproar and was forced to adjourn again on Wednesday. 'Better...
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Durban: The early skirmishes by Richard Black
Like stags fighting, the first days of each annual UN climate summit start with delegations circling each other politically, looking for weaknesses, gauging strengths. The summit that began this week in Durban, South Africa, has been no different - and though it might seem that little has been accomplished so far, a number of blocs have at least made their positions clearer than ever before. And that's vital if effective negotiations are...
More »Wholesale sell-out by Sitaram Yechury
The current impasse in Parliament has created a logjam that threatens to disrupt the proceedings of the winter session. The latest reason that has brought the situation to such a pass is the decision of the Union cabinet to permit foreign direct investment (FDI) in the multi-brand retail sector, opening the way for international supermarket giants like Wal-Mart, Carrefour and Tesco to open their shops in India. While the Cabinet does...
More »The retail counter-revolution by CP Chandrasekhar
With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...
More »NHRC notice to Madhya Pradesh on missing workers
-The Hindu The National Human Rights Commission (NHRC) has issued a notice to the Madhya Pradesh Chief Secretary, returnable with a report in six weeks, on allegation that 40 labourers were not traceable after heavy cranes collapsed at an under-construction cement factory in Narsingarh village in Damoh district. The NHRC was acting based on media reports. The reports said that about 300 labourers, mostly from Bihar and Uttar Pradesh, were working at...
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