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FDI in retail on hold till CMs respond, says
Anand Sharma
Thursday July 19, 2012 11:43:47 PM,
IANS
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Chandigarh: Union
Commerce Minister Anand Sharma Thursday said that the proposal to
allow foreign direct investment (FDI) in the retail sector has
been kept in abeyance for the time being till all the chief
ministers' response is received.
Addressing media here after meeting the chief ministers of Punjab
and Haryana separately, the union minister said that some chief
ministers were yet to respond to the proposal and so the matter
was held in abeyance.
Sharma said he would like all chief ministers to state their views
on this issue before taking a final decision.
"Since our country is a union of states, we abide by its federal
character and, therefore, are bound by the consensus on the
issue," Sharma said.
Asked if the Punjab government had made its stand clear on the
issue, Sharma said that state had not commented on it yet.
The ruling Shiromani Akali Dal in Punjab had first welcomed FDI in
retail sector but later changed its stand and started opposing it.
The Akali Dal has an alliance government with the Bharatiya Janata
Party (BJP) in Punjab. The BJP and BJP-ruled states are opposing
the FDI in retail.
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