, September 22, 2012, : Public Interest Litigation, Supreme Court, FDI in retail, UPA Government New Delhi:
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. PTI
Comments
Hi,
This is gonna shock all of you , out of your pants.
It was decided in the Bilderberg club long ago, to gate crash into Indian economy, by a conspiracy.
If you want to know what this elite club is –
Punch into Google search
THE SHREWD CLUB WITHIN THE NAÏVE BILDERBERG CLUB- VADAKAYIL.
And if you want to know how the Bilderberg bankers control the world using their stooges on the PM’s and Presidents chair—
Punch into Google search
THE MURKY TRUTHS OF INFLATION AND GLOBALISATION- VADAKAYIL
The banking cartel had been given a toe hold in India, by giving away FDI in multi-brand retail and FDI in insurance.
Insurance affects transport costs and trade costs -- it requires perception to understand all this.
We are confusing GDP with economic progress. We are destroying destroy entrepreneurial activity and eating our own children. Fitch , S&P and Moody’s are bouncers for the banking cartel. The economics of Rothschild’s alchemist Manmohan and his gunslinger Montek is VULGAR pseudo science.
The Indian intelligentsia must wake up!
DORKS and desh drohis shall lay off !
Capt ajit vadakayil
..