One man committee to look into the reports of lobbying
New Delhi/January 25
The Indian government on Thursday approved the appointment of one-man committee to probe the allegations of lobbying by American retail giant, Wal-Mart in India.
The government had came under fire from opposition parties after it was reported in the media that Wal-Mart had indulged in lobbying activities after which the government, in December, had promised a probe into the issue.
The Union cabinet of Indian government had ordered probe under the Commission of Inquiry Act, 1951 and under this Act, the government will have to table the probe report in Parliament and action taken report.
The committee which will be headed by retired Supreme Court or High Court judge will inquire into recent media reports on disclosures of Wal-Mart before the US Senate regarding their lobbying activities and details. It will also probe whether Wal-Mart undertook any activities in India in contravention of any Indian law or any other matter relevant or incidental to the Indian laws and the committee will submit its report in 90 days.
However, Wal-Mart has consistently denied involvement in any wrongdoing. Earlier, there were media reports that Wal-Mart had spent Rs 125 crores for lobbying activities in India since 2008.