UPA's multiple dysfunctions created the perfect FDI storm
The government's decision to suspend opening up of India's retail sector to foreign investors, 12 days after it was announced with much fanfare, marks a new nadir in the fortunes of the second UPA government. Optimists, and there a few, think retail FDI could play out like the nuclear deal, where it was initially put on hold after the Left objected, and later revived.
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