PIL filed in SC against FDI in retail
- IPL spot-fixing case: Actor Vindoo Dara Singh arrested
- IPL 2013: Final No.5 for MS Dhoni-led Chennai Super Kings
- Pune Warriors withdraw from IPL, 'disgusted' by BCCI's attitude
- IPL spot fixing: Accused Sreesanth claims innocence
- Li Keqiang visits TCS, Cyrus P Mistry says China important for growth of Tata Group
A PIL has been filed in the Supreme Court for quashing the Centre's recent notification permitting FDI in multi-brand retailing on the ground it was illegal and would affect the livelihood of 35 crore families.
The petition, filed by an advocate M L Sharma, has alleged that the notification was issued without the authority of law as neither Presidential approval was obtained nor of Parliament.
The petition stated that about 35 million Indian citizens were self-employed in kirana, food, vegetables and other small businesses and more than 20 crores people were trading on footpaths and their livelihood would be affected if FDI was permitted in multi-brand retail.
It was claimed that even the US government has denied Walmart companies to open their supermarket in New York and other cities for protecting small shops and traders in retail sectors.
- 'Sophisticated' Indian cyberattacks targeted Pak military sites: Report
- Talkative Li quoted Weber, Hegel, Jobs, said PM is large-hearted
- Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills
- In 7 lucrative minutes on May 9, Sreesanth bowled 6 balls, bookie made Rs 2.5 cr
- India and China ask border envoys to work on more steps
- Former Ranji player among 3 more held