FDI In Retail Suspended To Avoid Mid-Term Polls, Says Pranab

Strongly defending its decision to allow FDI in retail, finance minister Pranab Mukherjee today told Congress MPs that the government was "compelled" to suspend the move to avoid "pre-mature elections".

Addressing the Congress Parliamentary Party, Mukherjee also apologised to members who had supported the government in allowing FDI in retail but said going ahead with the decision could have created a "crisis" for the government.


From: http://ping.fm/VevBB