Friday 18 April 2014
News updated at 11:05 AM IST
Weather
Max: 34.6°C
Min : 22.1°C
In Bangalore
Sunny day
Breaking News

JPC probe sought into Wal-Mart report

New Delhi, Dec 11, 2012, DHNS

 The UPA government’s troubles with FDI in multi-brand retail seem to be far from over with opposition parties, besides the RJD that provides outside support to the ruling coalition, demanding an investigation by the Joint Parliamentary Committee into the Wal-Mart report admitting that Rs 125 crore was spent on lobbying to enter the Indian market.

The Opposition has now raised the pitch against flow of foreign capital in the multi-brand retail sector, contending that the Centre’s decision to this effect was “tainted.”

The NDA, the Left, TMC, BJD, AIADMK and the RJD were in no mood to buy the government’s faint-hearted argument that it had no hesitation in having an inquiry. However, the SP and BSP, which orchestrated the government’s success in the voting on FDI in Parliament, have distanced themselves from the corruption charges.


BJP MP Yashwant Sinha raised the issue during the Question Hour in the Lok Sabha. He demanded that the government should announce a time-bound judicial inquiry into the Wal-Mart report. “The report said four Indian officials were being investigated in the US. But there has been no inquiry in the country. They have remained silent after taking the money,” Sinha charged.

With some MPs trooping to the Well, Parliamentary Affairs Minister Kamal Nath said: “The government views this with concern. We have no hesitation in having an inquiry.”

He said that the government will announce its course of action on Tuesday itself, but no statement was issued by the UPA.

Both Houses faced several adjournments, with the clamour for an investigation gaining momentum.

“Lobbying is not illegal in the US, but it is called commission here. It is illegal. It is bribery,” Basudeb Acharia of the CPM said.

He demanded that the report should mention the beneficiaries and be tabled in the House within a month. Kalyan Banerjee of the TMC charged that despite “leaders running the country were aware of lobbying, they allowed the retail giant’s entry.”

The Congress, however, criticised the Opposition for disrupting Parliament proceedings and claimed that the demands for a judicial investigation and setting up of a JPC were not reasonable.

“It is a fact that our law does not have its force in foreign countries. If JPC is constituted to probe the matter, how will it summon respondents who live abroad?” Congress spokesperson Rashid Alvi questioned. “The government will decide on what type of inquiry should be initiated and announce it in Parliament.”

Alvi also dismissed the Opposition’s demand of a time-bound inquiry into the matter.

Go to Top

Photo Gallery
Britain's Catherine (2nd R), Duchess of Cambridge, strokes Fred the ram as her husband Prince...

Britain's Catherine (2nd R), Duchess of Cambridge, strokes Fred the ram as her husband Prince...

An anti-government protester throws a molotov cocktail at the Bolivarian National Police during...

An anti-government protester throws a molotov cocktail at the Bolivarian National Police during...

A Soleil supercar is seen during a press event at the Jacob Javits Convention Center during the...

A Soleil supercar is seen during a press event at the Jacob Javits Convention Center during the...

Toronto Mayor Rob Ford bobble heads are on display for sale as Ford launches his re-election...

Toronto Mayor Rob Ford bobble heads are on display for sale as Ford launches his re-election...

A Buddhist monk prays for missing passengers who were on the South Korean ferry 'Sewol' which...

A Buddhist monk prays for missing passengers who were on the South Korean ferry 'Sewol' which...

U.S. first lady Michelle Obama obliges cheering students by showing off the hand signal the...

U.S. first lady Michelle Obama obliges cheering students by showing off the hand signal the...

A FedEx truck drives past a makeshift memorial, set up in memory of those who died last week when...

A FedEx truck drives past a makeshift memorial, set up in memory of those who died last week when...

A Koenigsegg supercar is seen during a press event at the Jacob Javits Convention Center during...

A Koenigsegg supercar is seen during a press event at the Jacob Javits Convention Center during...

Former U.S. Secretary of State Hillary Clinton participates in A No Ceilings Conversation at...

Former U.S. Secretary of State Hillary Clinton participates in A No Ceilings Conversation at...

A man carries a flower wreath while passing through a line of police officers outside the funeral...

A man carries a flower wreath while passing through a line of police officers outside the funeral...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523