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MPs want a status upgrade, lal batti cars

-The Times of India   Use of red light beacons atop cars and an upgrade in the warrant of precedence to serial number 17 from 21 at par with chief justices of high courts outside their jurisdictions and chairpersons of statutory bodies are part Lok Sabha's privileges committee's latest recommendations. In its report tabled on Wednesday, the committee suggested that the highways ministry be asked to issue a notification under the Central Motor...

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Tamil Nadu Panchayat seeks to scrap Kudankulam nuclear power project

-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...

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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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NAC prod to govt

-The Telegraph   The Sonia-Gandhi headed National Advisory Council will prod the government to bring a law to protect unorganised retail sector workers as it brings foreign direct investment into multi-brand retail. Sonia, the council chairperson and the Congress chief, showed the green flag to the government on FDI in retail. The NAC in 2005 had drafted the unorganised sector workers’ social security bill that proposed a national authority to oversee the implementation of...

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Who is afraid of FDI in retail?

-The Times of India   Given the debate that's raging over opening the retail sector to foreign direct investment, we bring you the government's view, the opposition's objections and TOI's take on the issue. Government argument * Huge investments in the retail sector will see gainful employment opportunities in agro-processing, sorting, marketing, logistics management and front-end retail. * At least 10 million jobs will be created in the next three years in the retail sector. *...

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