Press Releases Archive

Lok Satta Welcomes FDI in Multi-brand Retail

The Lok Satta Party today welcomed the Government of India decision to permit foreign direct investment in multi-brand retail trade.

In a media statement, Lok Satta Party General Secretary Katari Srinivasa Rao said that FDI in retail would benefit both farmers and consumers and gives a boost to the agricultural sector. As the Indian market continues to grow, small traders will continue to thrive.

“There is no solid argument against FDI in infrastructure. We need more investment but capital is scarce. Therefore, we must tap all sources.”

Mr. Srinivasa Rao called upon people, who rightly attacked the Prime Minister and the Government of India for policy paralysis till the other day, to support them for taking bold decisions in the country’s interest.

“The central challenge of democracy is reconciling short-term political price with long-term public good. It is time all politicians realized that nation is above parties and power games. India cannot forever be held to ransom for power & votes.”

Saturday, September 15, 2012 - 16:41

State should cut duties on diesel, demands Lok Satta

The Lok Satta Party today demanded that the State Government reduce the taxes on petroleum products and provide relief to the common man.

Commenting on the steep increase in the diesel price by the Union Government, Lok Satta Party General Secretary pointed out that it would have a deep impact on our State where both the industrial and agricultural sectors have become heavily dependent on diesel for power generation in the wake of unending power cuts. The hike in the diesel price will lead to an escalation in public transport charges and add to the common man's misery.

Mr. Srinivasa Rao said that the ceiling of six LPG cylinders per family per year is harsh. The Union Government should raise the supply to at least eight cylinders.

He welcomed the State Government decision to procure paddy directly from farmers, process it into rice and utilize it under the public distribution system. If properly implemented, the scheme would promote competition between the Government and private rice millers and ensure a remunerative price to the farmer. It will also bring down costs of public distribution.

The Lok Satta leader, however, wanted the Government to ensure that it has effective machinery and adequate infrastructure including warehouses all over the State for making the scheme a success.

Friday, September 14, 2012 - 19:28

Dr.JP Visiting Chennai on Sep. 15

Lok Satta Party national President Dr. Jayaprakash Narayan will be addressing an educational conference in Chennai on Saturday, September 15, on the subject 'An agenda for change in school education.'

The conference is being organized by iDiscoveri, an organization founded by two Harvard graduates in 2002, to promote experimental learning in the class-room.

Among the participants in the conference are Prof. Noel Trichy of University of Michigan, Mr. Ashish Rajpal, founder and CEO of IDiscoveri, Ms. Vinita Bali, MD & CEO, Britannia Industries, Dr. Shekar Seshadri, child psychiatrist, Mr. Govindraj Ethiraj, former editor-in-chief of Bloomberg UTV, Ms. Shobhana Ramachandran, founder of TVS Schools and Ms. Nirmala Sundaram associated with Lalaji Omega Schools.

Dr. JP will interact with Gurunanak College students in the morning and Lok Satta Party workers in the afternoon.

Friday, September 14, 2012 - 16:07

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