Industry hails Lok Sabha approval to FDI in retail
Agencies: New Delhi , Dec 05 2012, 20:09 IST
the Opposition motion, while 253 voted against it in the House where 471 members participated in the voting. The total strength of the House is 545.
Assocham President Rajkumar Dhoot said that the move "would become a milestone in the economic reforms saga. The economy in particular and the nation as a whole will derive lot of benefit from this move."
The immediate effect would be spike in the inflow of much-needed foreign investment in India, he said.
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