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Editor-in-Chief, Publisher & Printer:
Raj Chengappa
Published from The Tribune House, Sector 29-C,
Chandigarh, India, 160030
for The Tribune Trust. Phone: (91-172) 2655066. Fax: (91-172)
2651293 & 2657149
Copyright : The Tribune Trust, 2007.
New Delhi/Guwahati, Dec 3
A determined West Bengal Chief Minister Mamata Banerjee has forced the UPA government to ‘suspend’ its decision to allow foreign investment in multi-brand retail trade.
While there was no official word on the government’s decision, it was Mamata Banerjee who made the announcement in
Kolkata.
Prime Minister Manmohon Singh today said that there were no winners in the crippling economic blockades that Manipur had faced, while stating there was no plan for a ‘supra state’ (a body which is above the state) for Nagas in the North-East.
Islamabad, December 3
When the Union Cabinet announced on November 24, 2011 that it was permitting Foreign Direct Investment
(FDI) of up to 51 per cent in multi-brand retail and 100 per cent in single retail, it was to signal that it was putting the economic reform agenda back on track. But with Opposition parties bringing Parliament to a standstill over the announcement and the UPA government's key allies like Mamata
Banerjee, West Bengal Chief Minister, opposing it, there is likelihood of the policy being derailed.