Press Esc to close
Friday 01 July 2016
News updated at 9:03 AM IST
Weather
Max: 26.3°C
Min : 20.3°C
In Bengaluru
Generally cloudy

Government open to inquiry on Wal-Mart issue: Kamal Nath

New Delhi, Dec 11, 2012 (IANS)

 The government has no hesitation in holding an inquiry on  reports of Wal-Mart lobbying in the US to open the way for foreign equity in retail trade in India, Parliamentary Affairs Minister Kamal Nath told parliament Tuesday. 

Amid ruckus in both houses of parliament with the Bharatiya Janata Party (BJP) demanding an explanation from the government on the issue, Kamal Nath assured members that the government was "concerned over the issue".

"We have no hesitation in having an inquiry in this and money spent in India. We are open for a discussion and this is matter of concern for the government," he told both houses of parliament.

"We want to get to the facts of the matter. I would during course of the day make further announcements towards this," he added.

Both the houses were disrupted with the BJP demanding a discussion on Wal-Mart reportedly spending Rs.125 crore on lobbying activities in the US, including on issues related to enhanced market access for investment in India.


Go to Top

Photo Gallery
Naval NCC cadets of West Bengal and Sikkim...

Naval NCC cadets of West Bengal and Sikkim...

A view of the Taj Mahal as cloud hover in the...

A view of the Taj Mahal as cloud hover in the...

Army personnel take positions the house where militants were hiding...

Army personnel take positions the house where militants were hiding...

Delhi Chief Minister Arvind Kejriwal with deputy CM Manish Sisodia talks with..

Delhi Chief Minister Arvind Kejriwal with deputy CM Manish Sisodia talks with..

Visitors enjoy the rain at Rajpath in New Delhi...

Visitors enjoy the rain at Rajpath in New Delhi...

An AirAsia A320 Aircraft with livery painting at Hyderabad on...

An AirAsia A320 Aircraft with livery painting at Hyderabad on...

Vice President Hamid Ansari with Delhi Chief Minister Arvind Kejriwal and...

Vice President Hamid Ansari with Delhi Chief Minister Arvind Kejriwal and...

A Medium Range Surface-to-Air Missile (MRSAM) being successfully test-fired from...

A Medium Range Surface-to-Air Missile (MRSAM) being successfully test-fired from...

Erosion intensified at sea-shore at Ullala near Mangaluru on Thursday following rains. PTI Photo

Erosion intensified at sea-shore at Ullala near Mangaluru on Thursday following rains. PTI Photo

Villagers looking at a one horned rhinoceros that strayed in...

Villagers looking at a one horned rhinoceros that strayed in...

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