Reliance Industries terminates US lobbying

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PTI: Washington, Jan 20 2013, 16:28 IST
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to make a disclosure every

quarter about the payments received by them, as also the details of their lobbying activities.

BGR also happens to be the lobbyist for the Indian government, as also the software industry body Nasscom, another major Indian entity doing lobbying in the US. Nasscom is currently lobbying in the US through one more lobbyist, the Lande Group.

The Indian government and Nasscom continued their lobbying activities in the US unabated during the last quarter and paid USD 180,000 (about Rs 1 crore) and USD 100,000 respectively to their lobbyists between October and December 2012.

Last month, disclosures about huge lobbying spending incurred by US-based global retail giant Wal-Mart Stores in the US on various issues including its entry into the Indian market generated a heated political debate in India.

A number of US companies have been lobbying in the recent past with their own lawmakers to seek their help in pushing further their business interests in India, which is emerging as a major market for various businesses for global companies.

Similarly, some Indian companies have also been lobbying for their business interests among the US lawmakers for past few years while Reliance Industries has been one of the major Indian entities lobbying there.

In the recent years, RIL has expanded its presence in the US and other foreign countries, while the US government's policies are as such said to have significant implications for most of the large corporations across the world.

RIL's behalf, BGR has lobbied with the US Senate, House of

... contd.

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