UPA meets to evolve consensus on FDI

Last Updated: Tue, Nov 27, 2012 06:50 hrs

New Delhi, Nov 27 (IANS) The UPA is meeting here Tuesday to thrash out a consensus on foreign direct investment (FDI) in multi−brand retail, an issue that has stalled parliament for four days.

"UPA allies like DMK have some reservations relating to FDI in multi−brand retail and the government is ready to address those issues so that the alliance partners are on board," a Congress source said.

Congress is the largest party in the United Progressive Alliance (UPA) with 206 MPs, while the DMK has 18 MPs.

Both houses of parliament were disrupted for the fourth day Tuesday as the opposition continued its protests against the government's policy on allowing foreign investment in retail.

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