Govt firm, braces for face-off over FDI in retail

The Congress party’s political leadership today backed the government’s decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail. Armed with this support, the government tonight braced itself for a face-off with the opposition at the all-party meeting tomorrow. And hoped that it could get its allies DMK and Trinamool, which have lent their voices to the opposition’s chorus, to climb down.

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