FDI: Good policy, bad timing

"You could have taken this decision on December 23 immediately after the conclusion of the Parliament session which would have been an ideal Christmas gift from your side to Walmart" is what a senior opposition leader told commerce and industry minister Anand Sharma on  Monday. This statement apparently summed up the mood within the parliament complex and political circles on how a bold decision of economic reforms to push for the 51% foreign direct investment (FDI) in the retail sector became a victim of bad timing and management.

Read Full Story>>