Press Esc to close
Tuesday 25 April 2017
News updated at 10:05 AM IST

Probe panel on Walmart lobbying to meet tomorrow

New Delhi, May 5, 2013 (PTI) 11:20 IST
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
Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

Potato farmers holding a protest over their various demands including proper cold storage ...

Potato farmers holding a protest over their various demands including proper cold storage ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.