Press Esc to close
Saturday 13 February 2016
News updated at 3:15 AM IST
Weather
Max: 32°C
Min : 19°C
In Bengaluru
Partially cloudy

Probe panel on Walmart lobbying to meet tomorrow

New Delhi, May 5, 2013 (PTI)

The government-appointed panel looking into Walmart's lobbying with American lawmakers for its entry into the Indian market is likely to meet tomorrow and deliberate on information provided by the retail giant.

The one-man committee, headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, during its meeting last month had sought fresh details from Walmart.

Sources said the probe panel is expected to meet on May 6 to discuss various information provided by the retailer. This would be the fifth meeting of the committee since its set up in January.

After the last meeting on April 10, Mudgal had said that he has sought more information from Walmart. The previous meeting was attended by Walmart representatives and senior officials from the Corporate Affairs Ministry and the Department of Industrial Policy and Promotion, among others.

The tenure of the panel, which was expected to submit its report by April 30, has been extended.

In response to a query on when the panel is expected to complete its probe, Mudgal had said, "It would depend on the replies given by Walmart and if at all a little extension is sought, it won't go beyond June".

Following reports about Walmart's lobbying among the US lawmakers since 2008 for facilitating its entry into the Indian market, the government in December 2012 had assured Parliament to get the matter probed by a retired judge.

The committee is looking into "whether Walmart undertook any activities in India in contravention of any Indian law", and any other matter relevant to this issue.
As per Congressional records of lobbying disclosure reports, the company spent a total amount of USD 6.13 million (about Rs 33 crore) on lobbying for various issues, including on "discussions related to FDI in India", during entire 2012.

Amid intense political pressure, the government had set up the panel to look into the issue.

The Corporate Affairs Ministry is providing administrative support to the committee, which has already discussed responses received from the public on the matter.
Separately, the regulatory agencies here are also probing allegations of bribery against Walmart in India.


Go to Top

Photo Gallery
Actress Priyanka Upendra  after inaugurating three days wedding essentials collection...

Actress Priyanka Upendra after inaugurating three days wedding essentials collection...

A woman holds the hand of a boy as they cross a temporary bridge made of bamboo on a canal...

A woman holds the hand of a boy as they cross a temporary bridge made of bamboo on a canal...

NSUI Workers pay tribute candle light tribute to Siachen soldier Lance Naik Hanamanthappa ...

NSUI Workers pay tribute candle light tribute to Siachen soldier Lance Naik Hanamanthappa ...

Sand artist Sudarsan Pattnaik pays tribute to Lance Naik Hanumanthappa Koppad...

Sand artist Sudarsan Pattnaik pays tribute to Lance Naik Hanumanthappa Koppad...

Narendra Modi shakes hands with Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi...

Narendra Modi shakes hands with Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi...

Gold medalist Neeraj Kumar, silver medalist Gurpeet Singh and bronze medalist Mahender Singh...

Gold medalist Neeraj Kumar, silver medalist Gurpeet Singh and bronze medalist Mahender Singh...

Kavita Raut and Niotendra Singh Rawat of India shake hands during the 12th South Asian games 2016...

Kavita Raut and Niotendra Singh Rawat of India shake hands during the 12th South Asian games 2016...

Women Indian hockey players (blue )celebrate after scoring a goal against Srilanka (red ) during...

Women Indian hockey players (blue )celebrate after scoring a goal against Srilanka (red ) during...

Women hockey final match played between India(blue ) and Srilanka (red ) during the 12th South...

Women hockey final match played between India(blue ) and Srilanka (red ) during the 12th South...

Indian shooter, Chain Singh celebrates after winning gold medal in the 10m Air Rifle Men's final...

Indian shooter, Chain Singh celebrates after winning gold medal in the 10m Air Rifle Men's final...

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