As against the 2007 target of 10-15 stores in seven years, it is planning to touch around 25 cash and carry outlets in India by the end of 2012.
Formulation of food recall procedures in case of unsafe or hazardous products, mandatory compliance with GAP (good agricultural practices) for big retailers, labelling changes for packaged food items, organic food certification, setting water quality standards and verification of claims by food supplement companies are among the major reforms being planned by the sector regulator and the government.
Economy grew by 8.6 per cent in 2010-11.
Concept of a real estate Bill has been around in the government for almost 10 years now.
The reservations of Environment Minister Jairam Ramesh on the projected additional electricity generation capacity of 100,000 Mw during the 12th Five-Year Plan (2012-17) period has failed to cut much ice with the Planning Commission.
The PPP framework for these projects, like building hospitals and schools, will be different from the existing regime for infrastructure.
Unitech founder and chairman Ramesh Chandra gets into office at 9.30 am every weekday and leaves at 4 pm sharp. That has been the work schedule for Chandra, 70, over several years, perhaps decades.
The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.
Besides, as urbanisation spreads, the country will consume more wheat, pulses and less rice and coarse cereals in the coming years.
Walmart is still waiting for the multi-brand retail sector to open for foreign direct investment.
The move comes after international studies revealed that Gatifloxacin posed 17 times higher risk of developing serious hyperglycemia than other antibiotics in elderly patients.
The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.
This will be MGM's first destination in India, and it expects to be ready by early 2014. There won't be any casino here, though.
The government is expected to end the benefits under Section 10A and 10B of the Income Tax Act.
Small and medium information technology companies operating out of the Software Technology Park of India (STPI) and who have not relocated their business operations to the special economic zones (SEZs) could stand to lose a substantial part of their tax holidays after the forthcoming Budget.
This Budget, the finance ministry may consider a proposal for a seed fund that would provide financial support to states willing to sell items other than foodgrain, sugar and kerosene through the public distribution system (PDS). The move, experts believe, will help reigning in food inflation that remains in double digits, despite moderation.
To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment for the core sector.
As a bonanza to southern states, Finance Minister Pranab Mukherjee is expected to allocate funds worth Rs 6,000 crore (Rs 60 billion) for Chennai and Bangalore Metro rail systems in the forthcoming Budget.
Officials said the proposal and funding could be included in the coming budget and preliminary discussions have been held with finance ministry officials.
That's a surprise since his protege Praful Patel has shouted down requests this week
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