Tag: FDI in multi-brand retail

Manmohan wins FDI vote with scripted role of SP, BSP; BJP says, a moral lose

FDI Debate1 150x150 Manmohan wins FDI vote with scripted role of SP, BSP; BJP says, a moral loseFinally amid controversial FDI in retail row has bowed in Parliament with victory of UPA government by majority in voting- a total of 471 out of 545 members in which 218 votes are in favour while 253 are against Opposition motion against FDI.

To pass out UPA biggest reform of FDI in retail in the Lok Sabha open up multi-brand retail trade to foreign investors, major role has played by SP Chief Mulayam Singh Yadav and BSP Chief Mayawati, saving UPA from an embarassing defeat as an Opposition-sponsored motion against UPA over FDI in retail.

Opposition and TMC had held a motion against amendments to the Foreign Exchange Management Act (FEMA) to facilitate foreign Read more

Lok Sabha’s ‘FDI Debate’ today: a test of Govt as SP, BSP keep mum

Indian Parliament 150x150 Lok Sabha’s ‘FDI Debate’ today: a test of Govt as SP, BSP keep mumFinally a long awaited time to end amid BJP disrupted deadlock ‘shut down parliament functioning’ has come today as the Lok Sabha is set to discuss ‘FDI in multi-brand retail’ issue whether to allow it.

The debate on Foreign Direct Investment would be under rule 184, means the decision would be based on voting process.

UPA led Congress which has given its full efforts to bring reforms, trying to get outside supports on board, is much confident as to have maximum numbers of votes in favor of FDI decision which opposed by BJP led NDA. Read more

Rahul Gandhi supports FDI in retail

According to fresh news, the Congress leader Rahul Gandhi has supported the Centre’s decision to allow FDI in multi-brand retail and said that this will help farmers be removing the role of middleman.

Rahul Gandhi was sharing his views at the national executive of Indian Youth Congress in Srinagar.

He said that around 60-70% of fresh products can not get chance to enter market due to lack of proper storage facilities. Read more

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