Business Videos

Walmart lobbying disclosure: BJP

Dec 10 2012 00:00 IST
The Rajya Sabha has been adjourned for the day today after the Bharatiya Janata Party (BJP)-led opposition drew attention to a lobbying disclosure report filed by Walmart that revealed it had spent a massive USD 25 million lobbying to get entrance into India. Senior BJP leader Ravi Shankar Prasad, who raised the issue in the Upper House, said that the reports were a serious matter at a time when FDI in retail was cleared in both Houses of Parliament. Echoing similar sentiments CPI (M) politburo member Sitaram Yechury said that they want government to have an inquiry in the matter.