100 percent, which was countered vociferously by members from the BJP including Leader of the Opposition Arun Jaitley.
To justify his arguments, Sharma cited a report of a Committee of Planning Commission in 2002 headed by N K Singh, now a JD-U member of Rajya Sabha.
Sharma said the report had favoured up to 100 per cent FDI in retail be brought in as it will benefit both consumers and farmers.
Singh wanted to respond to it but the minister refused to yield leading to pandemonium with Trinamool Congress and Left showing solidarity with Singh and slamming the minister.
An angry Opposition accused Sharma of misleading the House and demanded an apology from the government as Singh said that the report had concluded that FDI in multi-brand retail was not in interest of the nation at this time.
The uproar led to abrupt adjournment of the House for over an hour.
Targetting Sharma, Jaitley said, "The Minister has said that N K Singh in his capacity as Chairman of the Committee has supported FDI in multi-brand retail. He cannot play up one paragraph. You are reading the preamble and not the conclusion...please allow him (Singh) to speak."
When the House re-assembled, the minister said his contention was misunderstood but he wanted to ask why the proposal was not taken forward.
Responding to the Opposition's criticism of FDI, Sharma accused Opposition of creating a scare over the issue and rejected Jaitley's contention that THE measure will lead to India becoming a nation of sales boys and sales girls.
"You have scared foreign investors, who want to visit India," he said.
Sharma also took strong objection to Jaitley's remarks yesterday challenging Union Minister Kapil Sibal to get such a super store in his Parliamentary seat Chandni Chowk and see the result in next Lok Sabha election and asked Jaitley to contest against Sibal from there in the next election.
V Maitreyan, who had initiated the debate, said that even if the government is able to defeat the motion in Rajya Sabha "I give a solemn assurance to this House that after the next election, the next government will reverse the decision