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India's FDI regime is investor-friendly: Anand Sharma

Updated on Jul 16, 2012 09:07 pm IST

Opposing US President Barrack Obama's statement, commerce minister Anand Sharma on Monday said that India has an investor-friendly climate. Earlier, Obama spoke about the deteriorating investment climate in India and suggested more economic reforms particularly in the retail sector. Sharma also added that they are trying to build a consensus while passing the bill for allowing FDI in the retail sector.

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