Political storm over Walmart lobbying

December 10, 2012 20:46

The disclosure that global retail giant Walmart had spent about Rs 125 crore in the last four years to lobby with US lawmakers kicked up a political storm here with Opposition creating pandemonium in the Rajya Sabha and promising to create further trouble tomorrow.

The BJP, the CPI-M, the CPI, the SP, JD-U, the Trinamool Congress, the AGP and the AIADMK used the issue to target the government over its decision to allow 51 per cent FDI in retail as they pressed for a probe into "illegality" and a statement by Prime Minister Manmohan Singh.

In its disclosure filed with the US Senate, Walmart has said it spent close to USD $25 million (about Rs 125 crore) since 2008 on its various lobbying activities, including on the issues related to 'enhanced market access for investment in India'.

« Back to LIVE

TOP STORIES

Raj Bhavan employee files molestation case against Bengal guv

Senior police officials said they received a complaint and are looking into it.

Intense heat sweeps east, south; more heat wave days likely in May

Intense heat swept through east India and parts of the southern peninsular region on Thursday, testing power grids and prompting the Kerala government to order closure of educational institutions till May 6.

Cummins hails Bhuvi's last-ball heroics

Defending 12 in the final over, Bhuvneshwar trapped Rovman Powell in front of the wicket in the last ball to stop Rajasthan Royal's run chase at 200 for 7 and pull off a heist in the end.

'Game never done till it's done': Samson rues loss

Rajasthan Royals skipper Sanju Samson said that even while it seemed his side was cruising to victory he was not certain they would get over the line given the unpredictable nature of the league.

In Pictures - SRH seal dramatic win, edge past RR by 1 run

IMAGES from the IPL match between Sunrisers Hyderabad and Rajasthan Royals played in Hyderabad on Thursday