Delhi Bans FDI Retailers

Article on Delhi Govt. decision to ban FDI Retailers, published on 19 Jan 2014 by Prabhat Khabar, a Hindi daily.

Article Delhi Bans FDI

http://www.prabhatkhabar.com/news/81540-Retail-FDI-harm-common-man-party-election-announcement.html

 

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Victory in Delhi

Delhi became the first Indian state to reverse the policy of allowing FDI in multibrand retail. The newly formed Delhi govt. of Aam Admi Party (AAP) has written to the Department of Industrial Policy and Promotion (DIPP) asking it to remove Delhi from the list of states which have conveyed their agreement to the policy of FDI in multibrand retail.

France based Carrefour and Germany based Metro are already operating
cash & carry wholesale stores in Delhi. Rajasthan, another major state of India is likely to follow the suit.

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