UPA trapped in its own web over ‘FDI in retail’

The UPA Government is facing a major crisis. The Government ill-timed its decision on allowing FDI in multi-brand retail. Both from the viewpoint of economic realities of India and the present political situation, any political observer will be surprised by the timing of the decision. The Government’s credibility is at rock bottom. The leadership has been unable to counter the allegations of both corruption and economic mismanagement.

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