Month: January 2014

Article on Delhi Govt. decision to ban FDI Retailers, published on 19 Jan 2014 by Prabhat Khabar, a Hindi daily.

Article Delhi Bans FDI

http://www.prabhatkhabar.com/news/81540-Retail-FDI-harm-common-man-party-election-announcement.html

 

Delhi became the first Indian state to reverse the policy of allowing FDI in multibrand retail. The newly formed Delhi govt. of Aam Admi Party (AAP) has written to the Department of Industrial Policy and Promotion (DIPP) asking it to remove Delhi from the list of states which have conveyed their agreement to the policy of FDI in multibrand retail.

France based Carrefour and Germany based Metro are already operating
cash & carry wholesale stores in Delhi. Rajasthan, another major state of India is likely to follow the suit.

In another development, more than one thousand hawkers representatives
from various street markets of Delhi participated in a hawkers public
hearing organized by Hawkers Joint Action Committee on 6th January in
Delhi.

In the public hearing Delhi hawkers passed resolution against FDI in
multibrand retail and decided to meet newly formed Delhi Govt. to
reverse the policy decision to allow FDI retailers in Delhi.

Govt. of India has floated a discussion paper on FDI in e-commerce. Paper on e-commerce

One can submit comment by 30th January 2014. Comments can be sent to Mr. Ishtiyaque Ahmed, Director, Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Udyog Bhawan, New Delhi and his email is ahmed.i@nic.in.