The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...
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Enter, farmer with an FDI query by R Suryamurthy
Farmers, a holy-cow constituency considered more valuable than small traders to the political class, have begun to ask uncomfortable questions to those opposing foreign direct investment (FDI) in retail. Several farmer groups, some of them led by politicians with ties to the Congress, have asked why some parties are standing in the way of a measure that is expected to reduce the clout of middlemen and increase farm earnings. Although Prime Minister...
More »FDI in retail: 5 crore traders to down shutters today
-The Times of India Several Bharti-Walmart stores will remain closed on Thursday as a precautionary measure due to the bandh called by traders across the country, sources said. World's second largest retailer Carrefour, which is present in the wholesale segment in the country, also beefed up security at its stores in Delhi and Jaipur. Private security guards patrolled the Carrefour store in the crowded Shahdra area in east Delhi and vigorously checked...
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...
More »It will adversely affect 1.5 crore small retailers, says AIDWA
-The Hindu The All-India Democratic Women's Association (AIDWA) has strongly opposed the decision of the Congress-led government to throw open the Indian retail market to Foreign Direct Investment (FDI) to the tune of 51 per cent in the multi-brand retail sector. “This will have a very serious and adverse impact on around 1.5 crore small retailers in our country. The livelihood of more than 4 crore self-employed people is being placed at...
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