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  5. Congress to take up retail FDI issue in Delhi assembly: Lovely

Congress to take up retail FDI issue in Delhi assembly: Lovely

New Delhi: Expressing surprise at the "arbitrary" decision of the AAP government to disallow FDI in multi-brand retailing, the Congress party plans to take up the issue in the state assembly."I don't think there is

India TV News Desk Updated on: January 14, 2014 22:55 IST
Asked if the Congress would withdraw support to the minority AAP government on the FDI issue, Lovely said, "It is not the question of withdrawing support. But one thing is sure -- that we will go and see the details and legality of the letter (written to the Commerce Ministry)."

He said a letter that the AAP had written to the Congress did not mention the issue of FDI in multi-brand retailing.

"If the government has to take some major decisions, there are certain procedures which need to be followed. We are surprised -- this is an arbitrary decision. A minority government cannot one day write a letter and say that Delhi will not have FDI," Lovely said.

Commerce Minister Sharma described the Delhi government's decision to disallow FDI in multi-brand retailing as "abrupt, irresponsible and ill-considered," saying India is not a banana republic where policy decisions can be reversed.
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