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No rollback on FDI, but no rollout soon

-The Times of India   UPA partners Trinamool Congress and DMK rejected Prime Minister Manmohan Singh's appeal to drop their opposition to FDI in retail on Thursday, enhancing the possibility that the government may have to announce that it will not roll out the decision.  Although a formal notification to make the Cabinet decision operational has already been put off, the unrelenting opposition from Trinamool and DMK may force the government to put...

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Kishenji encounter fake, says BJP

-The Hindu   The encounter in which Maoist leader Kishenji was killed on November 24 was “staged,” Rahul Sinha president of the State unit of the Bharatiya Janata Party said here on Wednesday. “It is as clear as daylight that the encounter in which he was killed was staged,” Mr. Sinha said while addressing a party rally. Pointing out that had it been a genuine encounter there would not have been so many bullets...

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FDI row: Desperate finance minister, helpless party by Sheela Bhatt

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...

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FDI in retail: Row over FDI in retail escalates as state governments and UPA allies join opposition

-The Economic Times   The row over opening up of the retail sector escalated on Monday with Congress' Kerala unit backing the rollback demand of 12 Opposition-controlled state governments and UPA allies DMK and Trinamool Congress.  The fissures within the ruling alliance and the potential of the issue to bring disparate Opposition groups together saw Congress president Sonia Gandhi intervening to cut political losses for her party. Sonia, who held consultations with Prime...

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Opposition wants floor test for FDI in retail

-The Hindu   Parliament logjam continues   The government and the Opposition hardened their stance on Foreign Direct Investment (FDI) in the multi-brand retail sector, as Parliament remained disrupted for the third day on Tuesday on the issue. A meeting convened by Leader of the House and Finance Minister Pranab Mukherjee to reach out to the Opposition on the issue, 90 minutes before Parliament began its session, proved nothing more than a ritual. The entire Opposition...

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