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FDI in retail: Uproar in parliament

-PTI Government decision to allow FDI in retail saw uproar in both Houses of parliament, with ruling UPA ally Trinamool Congress leading the charge and the entire opposition joining them. Soon after Speaker Meira Kumar condemned the attack on agriculture minister Sharad Pawar, Trinamool Congress members rushed near the well of the Lok Sabha demanding cancellation of the decision of the Union Cabinet to allow 51 per cent FDI in multi-brand retail...

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Why India needs democracy by Markandey Katju

What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization.  Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...

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Draft Food Bill likely to go to Cabinet by Dec 10: Thomas

-PTI Food Minister KV Thomas today said the draft Food Security Bill is expected to go to Cabinet by December 10 to pave the way for its introduction in the ongoing Winter Session of parliament. "We have asked the government departments to send their comments on the draft Food Security Bill by December 1. After this, it is expected to go to the Union Cabinet by December 10," Thomas, whose ministry is...

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FDI in retail, trigger for another day of tumult

-The Hindu   Trinamool jumps on Opposition bandwagon, while Akali Dal backs move Cabinet clearance for Foreign Direct Investment in multi-brand retail led to tumult and uproar in parliament, with both Houses adjourning without transacting any business for the third successive day on Friday. Going by the Opposition's hostile reaction, there is a question mark over smooth conduct of proceedings when parliament meets on Monday. Communist Party of India parliamentary Party leader Gurudas Dasgupta has...

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India needs 30% of grains output for new food bill

-Reuters   India is assuming grain purchases at around 30 percent of output in plans to expand its welfare programme, the food minister said, relying on increased yields and lower wastage to cover extra requirements and keeping exports on the agenda.  "We have made the calculation (for the Food Security Bill) on the basis of the grains we can produce and procure. We will procure only 30 percent of our production, 70 percent...

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