The government on Wednesday announced a time-bound inquiry by a retired judge into reports of lobbying by retail giant Wal-Mart to gain entry into India. Parliamentary Affairs Minister Kamal Nath made the announcement in the Lok Sabha.
The reported lobbying by Wal-Mart stalled parliamentary proceedings in the past two days. Opposition parties demanded a time-bound probe by a joint parliamentary committee or a judicial panel to ascertain if bribe was paid.
The Rashtriya Janata Dal and Samajwadi Party, which had last week bailed out the government during voting on FDI in retail trade, have also been demanding a thorough probe into reports that money was spent in India.
Wal-Mart had, in disclosures before the U.S. Senate, said it had spent $125 million since 2008 for various lobbying activities, including for gaining access to Indian markets.