Advertisement

HindustanTimes Thu,25 Dec 2014

DMK will not support decision to allow FDI in retail: Karuna

PTI  Chennai, November 20, 2012
First Published: 15:11 IST(20/11/2012) | Last Updated: 15:12 IST(20/11/2012)

Breaking his silence on FDI in multi-brand retail, DMK chief M Karunanidhi on Tuesday said his party will not support the Centre's decision to allow foreign investment in the sector.

Advertisement

"We are not in favour of the decision to allow FDI (in multi-brand retail)," he told reporters.

DMK, a key constituent of the ruling UPA government, had recently refused to clarify its stand on the decision to allow FDI in multi-brand retail.

"Small and medium retail traders in Tamil Nadu are apprehensive that Foreign Direct Investment would greatly affect them. We would discuss and take a decision on this (FDI) keeping their interest in mind," Karunanidhi had said last week.


Advertisement
more from India

Talk like Atal Bihari Vajpayee: Some of the best speeches by the former PM

Vajpayee was often commended for his ability to stump his critics, especially in Parliament, with a passionate speech. Perhaps, one of his most memorable Parliament address was from 1996 during the confidence vote of his 13-day-old BJP government.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved