Responsible governments can ill-afford to take arbitrary decisions and knee-jerk reactions.”
In a major policy reversal, the AAP government wrote to the Centre to withdraw the approval given by the previous Sheila Dikshit government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.
Sharma, however, said the Centre had formulated the policy after wide consultations with all stakeholders, including farmer unions, MSMEs and state governments.
AAP's decision on FDI in retail irresponsible: Anand Sharma
New Delhi: Terming the Delhi government's decision to disallow FDI in multi-brand retailing as “abrupt, irresponsible and ill-considered,” Commerce and Industry Minister Anand Sharma today said India is not a banana republic where policy decisions
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