Bring lobbying overground

It has never been clearer than during the ongoing commotion about Walmart’s lobbying expenses that the Indian polity is yet to reach a certain level of maturity. After losing the debate on foreign direct investment ( FDI) in multi-brand retail in Parliament, the Opposition has eagerly seized upon Walmart’s disclosure to the US Senate that it has spent $25 million (approximately Rs 135 crore) since 2008 on lobbying (in the US, not in India) for aims including gaining “enhanced market access in India”.

Read Full Story>>