Inquiry panel likely to meet senior Wal-Mart executives this week
Faced with political heat, the government announced a probe in December into the lobbying activities by Wal-Mart in the US for gaining access to Indian market.
The one-man Inquiry Committee, headed by former Chief Justice of Punjab & Haryana High Court Justice Mukul Mudgal, would submit the investigation report to the government next month.
Senior executives of Wal-Mart are expected to provide information to the panel during its meeting scheduled for March 22. The committee is looking into media reports of lobbying activities by Wal-Mart in India. On March 27, the panel met with senior officials of the Department of Industrial Promotion and Policy, Ministry of Corporate Affairs and the Ministry of External Affairs.
The deliberations revolved around the responses received in response to a notice of February 12, 2013, put out by the panel, soliciting information from the general public on the terms of reference of the committee.
In the wake of reports about Wal-Mart's lobbying activities among the US lawmakers since 2008 for facilitating its entry into Indian market, the government late last year assured in Parliament to get the matter probed by a retired judge.
Subsequently, the government set up the committee, whose terms of reference include inquiring into "media reports on disclosures of Wal-Mart before the US Senate regarding their lobbying activities and details thereof".
The committee is also looking
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