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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...

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Walmart spent Rs 125 crore on lobbying to enter India: Report

-PTI Global retail giant Walmart - waiting for years to open its supermarkets in India - has been lobbying with the US lawmakers since 2008 to facilitate its entry into the highly lucrative Indian market. As per the lobbying disclosure reports filed by Walmart with the US Senate, the company has spent close to $25 million (about Rs 125 crore) since 2008 on its various lobbying activities, including on the issues...

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Government wins FDI battle, says reforms on track

-IANS The UPA government on Friday dealt a major blow to the opposition in the Rajya Sabha by winning a vote on FDI in retail by 14 votes and declared that there was no stopping India's reform process. In contrast to speculation that the government may lose the vote in the upper house, the victory proved pretty easy as the Samajwadi Party (SP) trooped out — like in the Lok Sabha on...

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FDI in retail: To empower dalits, do away with India’s antiquated retail trading system-Chandra Bhan Prasad and Milind Kamble

-The Economic Times A couple of months ago, the UPA government cleared Foreign Direct Investment (FDI) in retail. It is a politically risky step. But for once, Prime Minister Manmohan Singh showed both spine and spunk biting the bullet. Since then, both Left parties and the BJP have expressed serious reservations over the decision. The general view is that it will affect the lakhs of small, indigenous kirana stores spread across...

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At home in the House

-The Indian Express After being taken to the streets, rallies and TV studios, FDI in retail is finally being discussed in Parliament. This may be a debate forced upon the government with the threat of persistent parliamentary obstruction, and submitting executive policy to voting in the House may be an extraordinary step that could be routinised at the system’s peril. But it is illuminating, nonetheless, to see the play of perspectives...

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