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Who stands where on retail FDI

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Business Standard

Union Commerce Minister Anand Sharma is in negotiation with the state governments in an effort to allow FDI in multi-brand retail. In November 2011, the Cabinet decided to permit 51 per cent FDI in multi-brand retail, but put the move on hold due to opposition within and outside the UPA. Now, steps are being taken to allow each state government to take a call on whether foreign retailers can open shop or not in a state(Click on graphic)

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First Published: Jul 19 2012 | 12:00 AM IST

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