Shimla: The Himachal Pradesh BJP, which has been opposing FDI in retail, on Saturday said it would not allow foreign stores like Walmart into the state "Foreign chains like Walmart and Metro Cash and Carry will not be allowed to enter Himachal and the interests of small traders will be fully safeguarded," state BJP president Satpal Singh Satti said.
He was reacting to Civil Supplies minister GS Bali's announcement to invite Walmart and Metro Cash and Carry for purchasing foodgrains for distribution under the PDS in the state. The BJP would firmly oppose any such move, Satti said in a statement Shimla. On Friday, Bali told reporters in Shimla the government had invited Walmart and Metro Cash and Carry for providing foodgrains at competitive and cheaper rates to consumers.
The decision had nothing to do with the FDI in retail, he had said. "Soon after coming to power, the government allowed a multi-national firm to restart controversial project Himalayan Ski Village near Manali and it is now hell bent to allow the big food chains to ruin marginal traders," Satti said....
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01:53 AM, May 12, 2013
Multi brand retailers means global chains may directly stock and sell produce from Indian farmers to scale up operations. ...
11:57 PM, Sep 24, 2012
Planning Commission Deputy Chairman Montek Singh Ahluwalia justifying the opening up the Indian retail sector to foreign direct investment (FDI) said that it will help increasing the income of farmers. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that benefits to the farmers are going to come from modernising the entire retail spectrum. Here is the full transcript of the interview: Karan Thapar: Hello and welcome to Devil's Advocate....
08:16 PM, Sep 23, 2012
Planning Commission Deputy Chairman Montek Singh Ahluwalia has sought to justify opening up the Indian retail sector to foreign direct investment (FDI) saying it will create better quality jobs. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that it was a complete misreading of reports that the FDI in retail would lead to job losses. It would instead lead to GDP growth and create more jobs in other sectors,...
07:55 AM, Sep 23, 2012
New Delhi: From Kerala to Uttar Pradesh, own leaders of the Congress are now questioning the party's decision to allow Foreign Direct Investment (FDI) in retail sector. After Congress MPs from Kerala, another MP from Uttar Pradesh - Sanjay Singh from Sultanpur - has raised his voice against the Government's policy to allow FDI in retail. "There are many MPs who are opposing this in their own areas. We are...
03:16 PM, Nov 29, 2011
New Delhi: The controversy over allowing FDI in retail rocked Parliament for the third day on Tuesday with a united Opposition forcing adjournment of both the Houses till Wednesday. Both Houses were first adjourned till noon after the Opposition created ruckus, and later for the day as the situation didn't improve even after the MPs reassembled after the first adjournment. Shortly after the Lok Sabha met for the day, members...
11:48 AM, Nov 29, 2011
The Bharti Enterprises MD said retailers in Punjab are already reaping benefits with their retail schemes. ...
10:18 AM, Nov 29, 2011
New Delhi: On the FDI in retail issue, battle lines are now clearly drawn between India Inc and the politicians, who are rooting for the neighbourhood grocer. While politicians are divided on the issue Corporate India appears united. The biggest fear of them is - will it create jobs or takeaway jobs? "Retailing in India will bring different contours for farmers, small manufacturers and employment," said Bharti Walmart Chairman Rajan...
09:44 AM, Nov 29, 2011
New Delhi: The BJP on Saturday charged the Government with showing contempt of Parliament by not discussing a crucial issue like allowing 51 per cent FDI in retail on the floor of the House and held the Manmohan Singh regime responsible for its repeated adjournments. Leader of Opposition in Lok Sabha Sushma Swaraj said on Twitter, "On Friday the House was stalled on the issue of 51 per cent FDI...
09:14 PM, Nov 26, 2011
New Delhi: The Planning Commission on Tuesday said the Government does not hold the view that FDI in multi-brand retail is necessary to control the price rise. "I don't think that it is Government's view that the present inflation cannot be brought under control without FDI in multi-brand retail. We can bring inflation under control," Planning Commission Deputy Chairman Montek Singh Ahluwalia said. He was speaking at the Annual General...
05:46 PM, Mar 01, 2011
New Delhi: India's retail sector that has been anticipating some good news on allowing FDI in the multi-brand segment is left disappointed by Finance Minister Pranab Mukherjee, who made no mention of it in his Budget speech. "The budget looks like a 'khatta' budget. Although it has a lot of announcements on GST, DTC, UID, it has very little to show for the retail. "As expected, retail FDI was given...
05:52 PM, Feb 28, 2011
Opening up of retail sector to foreign companies is seen by many as a solution against inflation. ...
06:45 PM, May 25, 2010
Lahore: Pakistan has formally lodged a complaint over poor umpiring decisions in the first Test against Sri Lanka at Galle, at a time when the International Cricket Council executive board has decided against making the Umpires Decision Review System (UDRS) compulsory in all Tests. Clearly buckling under pressure from the Indian cricket board's strong opposition to the UDRS, the ICC board on Wednesday decided to stick with the current system...
09:28 PM, Jun 03, 2008
Hambantota: It has long been forgotten how the first World Cup, played in England in 1975, was initially designed as an experimental tournament to cover a gap in the England calendar that year. England's Test and County Cricket Board (now the Giles Clarke run ECB), were in 1973 and 1974 pondering over filling space in their tours rotas. India and Pakistan had toured in 1971 again in 1974; New Zealand...
10:03 PM, Dec 17, 2007
Traders and wholesalers shut shops across the state. ...
01:53 PM, Oct 10, 2007
LDF is making it clear that Reliance Retail is not welcome in Kerala. ...
09:48 AM, Jul 05, 2007
Government has asked the Indian Council for Research on International Economic Relations to study the issue. ...
12:17 AM, Mar 03, 2007
Industry watcher Technopak predicts the size of modern retail trade will be $60 bn to $75 bn by 2010. ...
10:46 AM, Sep 09, 2006
