Shifting sands of Indian politics were in evidence on Wednesday as the Centre announced easing FDI (foreign direct investment) rules for several sectors, including construction and single brand retail.
The Communist Party of India (Marxist) pointed out that the Bharatiya Janata Party (BJP) has "hypocritically reversed it position" on the issue as it was opposed to FDI in retail trade when in the opposition.
The Sangh Parivar affiliates, the likes of Bharatiya Mazdoor Sangh and Laghu Udyog Bharati, outfits that have consistently opposed FDI in most sectors, said they needed more time to study the cabinet decisions. Swadeshi Jagaran Manch (SJM), another