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Independent MP withdraws FEMA motion

Source : IANS
Last Updated: Wed, Dec 05, 2012 13:20 hrs

New Delhi, Dec 5 (IANS) Independent MP Hasan Khan Wednesday withdrew his motion to amend the Foreign Exchange Management Act (FEMA) to allow entities with up to 51 percent

foreign equity in India's multi-brand retail trade segment.

Saying that he was satisfied by the government's reply, Khan withdrew his motion.

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