While the government may be finding it difficult to get its FDI in multi-brand retail pass the test of Parliament, India Inc has been pledging huge investments in wholesale and retail trade abroad, including in countries like the US and the UK.   In the 2010-11 fiscal, investments of Indian companies in wholesale and retail trade overseas went up 78% as compared to the previous year - up from $1,052 million in...

-The Business Standard   The to-do over retail FDI signals that the political class is anti-reform The political drama over the opening up of the retail sector to foreign investment is significant, not on account of whatever might happen to the immediate issue, but for what it says about the prospects of any kind of economic reform. In and of itself, the opening up of the retail sector is not hugely important, except...

-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. *...

-PTI   Food Minister K V 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...

-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...