FDI in Multi Brand Retail Would Turn the Tide on New Delhi

摘要

Foreign direct investment in multi brand retailing (FDI-MBR) in India is perhaps the most debated topic in recent times. Voting in the Lok Sabha on FDI held on December 5, 2012 also exhibited the sharp contradictions. The ruling coalition could not muster even a simple majority of 272 based on the total strength of Lok Sabha. It was undoubtedly a victory of political ongoings and dealings but a definite negation of the policy.