-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...
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Walmart lobbyist was hired by India for n-deal-Shubhajit Roy
-The Indian Express Patton Boggs, one of the lobbying firms which represented global retail chain Walmart, was hired by the Indian embassy in the US in 2008 to help clinch the India-US nuclear deal. News of Walmart spending Rs 125 crore in the last four years to lobby with US lawmakers disrupted the Rajya Sabha Monday, with MPs alleging that the company had indulged in corruption to enter India. Patton Boggs’s web site...
More »The Colours Of Fallacy -Prasenjit Bose
-Outlook Talking ‘communal’ about FDI trivialises the secular cause If one adds up the number of MPs in the Lok Sabha belonging to political parties that have a stated position against FDI in retail trade, it will certainly be bigger than the number of MPs in favour of FDI. Actually, the figure goes well past the Lok Sabha majority mark of 272. Yet the resolution opposing FDI received only 218 votes...
More »FDI to bring new technology in agriculture, says Prime Minister -Amit Chaturvedi
-NDTV A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers. "FDI has been passed by Parliament and it was strongly supported by organisation in Punjab. Agriculture and food retail business will be benefited by it, farmers and consumers will be benefited by FDI," the Prime...
More »RTI arrow pierces govt's claims in FDI ad -Sravani Sarkar
-The Hindustan Times In an reply to a query under the Right to Information Act , the Union ministry of commerce and industry has admitted that it has no "specific information to furnish" regarding the Union government's claim in a newspaper advertisement that foreign direct investment (FDI) in retail would create over one crore jobs and that 50% of the total foreign investment would be in villages. A Bhopal-based advocate, NK Jain,...
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