Oppn could stall retail FDI in House
A PIL was filed in the SC alleging that the government had permitted 51% FDI in multi-brand retail sans rules and regulations and without parliamentary approval. Replying to the notice in the matter, attorney general GE Vahanvati said the Centre had notified three amendments to Fema rules for FDI. The petitioner said these amendments needed parliamentary nod. Any amendment to Fema requires approval of both houses of Parliament.
Be the first to comment.