New Delhi, Aug 16 (PTI) Delhi and Uttarakhand governments have supported the Centre’s decision to allow foreign players to open multi-brand retail stores, saying it would help in reducing inflation and benefit farmers and consumers.
The Cabinet had decided on November 24, 2011 to allow 51 per cent FDI in multi-brand retail, but the same could not be implemented in the face of strong opposition from UPA-ally Trinamool Congress and several state governments.
Src: PTI