Fdi Holdback

The government yesterday decided to suspend its decisions on Foreign Direct Investment or FDI in retail till a consensus is reached among political parties. But will the move bring peace in Parliament? Seems like it won't - as the Opposition still continues to insist that it wants a rollback not a "holdback".

The government has decided to put on hold its decision to allow foreign direct investment or FDI in retail till a consensus is reached among political parties. In a climbdown from its position so far, it informed the Opposition of this, only to be told that the latter wanted a "rollback" and not a "holdback."

With the government embroiled in a war with the opposition and some of its main allies over Foreign Direct Investment or FDI in retail, West Bengal Chief Minister and key ally to the UPA government, Mamata Banerjee, today said Finance Minister Pranab Mukherjee has conveyed to her, over the phone, that the FDI policy is on hold till there is a conse...

The government yesterday decided to suspend its decisions on Foreign Direct Investment or FDI in retail till a consensus is reached among political parties. But will the move bring peace in Parliament? Seems like it won't - as the Opposition still continues to insist that it wants a rollback not a "holdback".

The government has decided to put on hold its decision to allow foreign direct investment or FDI in retail till a consensus is reached among political parties. In a climbdown from its position so far, it informed the Opposition of this, only to be told that the latter wanted a "rollback" and not a "holdback."

With the government embroiled in a war with the opposition and some of its main allies over Foreign Direct Investment or FDI in retail, West Bengal Chief Minister and key ally to the UPA government, Mamata Banerjee, today said Finance Minister Pranab Mukherjee has conveyed to her, over the phone, that the FDI policy is on hold till there is a conse...