Retail confusion worse confounded

Over the course of the United Progressive Alliance's nine-year tenure two cataclysmic policy initiatives almost brought the government to the verge of losing its majority in Parliament. Three years ago it was the civil nuclear Bill and last year the equally "fissionable" Bill for foreign direct investment (FDI) in retail. Almost a year after what was termed transformational legislation that, among other significant benefits, would bring large FDI inflows, we have not received investment in multi-brand retail.

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