Manmohan Singh today refused to yield to pressure on the question of allowing foreign direct investment in retail and appeared ready for a protracted battle, including the risk of a vote in Parliament despite his government’s fragile majority. Somewhat reminiscent of his nuclear deal stand, the Prime Minister confronted those who had accused the government of taking a hasty decision on retail. “We have not taken this decision in haste, but after...

-The Economic Times   The local panchayat adjacent to the Kudankulam nuclear power plant has passed a resolution against the project, making things difficult for the state government caught between the rational to commission the nuclear power plant and protest in south Tamil Nadu against it. The panchayat's decision is considered a setback for the Centre's desire to have the plant commissioned at the earliest. The development adds to Tamil Nadu chief minister...

-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...

The state government has finally decided to compensate cotton growing farmers on the basis of their land holding rather than on the crop sold. Chief minister Prithviraj Chavan on Wednesday said it was not possible to compensate farmers on a per quintal basis — a demand by a few Opposition parties — because many farmers had already sold their cotton. However, Chavan said the state government had not yet decided on the...

-The Telegraph   Sharad Pawar’s hometown Baramati was shut down today by farmers demanding higher remunerative prices for sugarcane. The protest by the farmers has sent a strong political message to the ruling Congress-NCP government. Baramati is the seat of Maharashtra’s powerful and influential sugar belt that controls the state politics. Shops and establishments were closed down as hundreds of sugarcane farmers camping here for the fourth consecutive day intensified their protest and organised rasta...