-ANI Senior leader of Bharatiya Janata Party (BJP), Sushma Swaraj, said availing loan in India is not easy for the poor people. While addressing a function organised by the Swadeshi Jagran Manch, an economic wing of Hindu Radical Outfit, Rashtriya Swayamsewak Sangh, in New Delhi on Sunday. Swaraj said even the Central Government's scheme is unable to provide loan to the poor. "Taking loan is not easy in this country, people loose patience...

-The Telegraph The BJP has slammed the Centre’s move to allow FDI in multi-brand retail, alleging this would destroy self-employment, create monopolies, facilitate foreign takeover of farming units and impair local manufacturing. Sources in the BJP, which has a following among small and medium traders who own the most of the mom-and-pop “kirana” shops, warned that this section would start an agitation as the Centre’s decision amounted to the “Wal-Martisation” of India. The...

An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...