-The Telegraph   The Dissent-riven report of the parliamentary standing committee on the Lokpal bill is set to recommend exclusion of the Prime Minister from the proposed anti-graft authority’s ambit, a decision bound to intensify the government’s tussle with Team Anna. No consensus could be reached on the question of the Prime Minister’s inclusion at the last meeting of the committee. While most members felt that the country’s top executive office should not...

-The Economic Times   The Centre came down heavily on states that are opposing foreign investment in multibrand retail for not making their point when the policy was being formulated and said those opposed had the powers to stop companies from opening stores in their boundaries.  Some state governments, including Tamil Nadu and Uttar Pradesh, have opposed the government's proposal to allow 51% foreign direct investment in multi-brand retail and blasted the Centre...

Conceding a major Team Anna demand, the parliamentary committee examining the Lokpal Bill has decided to recommend that 57 lakh "Group C" central government employees - or the entire lower bureaucracy - be placed within the ambit of the anti-corruption ombudsman.  In a controversial decision, the panel also decided to exclude the prime minister from the Lokpal's jurisdiction as long as he holds office. This was at its final meeting to...

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...

Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...