Government's FDI crisis

Dec 07, 2011 11:07 (IST)

Parliament back at work; Parties welcome Govt's move to suspend FDI till consensus evolves

Dec 07, 2011 10:55 (IST)

Finance Minister Pranab Mukherjee read out a single-line statement: "The decision to permit 51 % FDI in retail trade is suspended till a consensus is developed through consultations among various stakeholders."

Stakeholders defined as leaders of all political parties and chief ministers of states. The Opposition accepted that formula and agreed to allow Parliament to function from today.

Dec 07, 2011 10:53 (IST)

"Rollback, holdback are words, we have said what we had to say," said minister of state for parliamentary affairs Rajiv Shukla.

Dec 07, 2011 10:48 (IST)

Sitaram Yechury: We wanted the decision on FDI to be taken back. Any further decision will be based on consensus. Clarification on parties and state Govt's as stake holders should come on floor.

Dec 07, 2011 10:32 (IST)

Dec 07, 2011 10:13 (IST)

CPI says this is a "virtual rollback" of the FDI decision; we will allow Parliament to function.

Dec 07, 2011 10:07 (IST)

At the meeting, Finance Minister Pranab Mukherjee read out a statement announcing the suspension of the government's decision to allow foreign direct investment in retail till a consensus is evolved. And the Opposition agreed to allow Parliament to function from today.

Dec 07, 2011 10:05 (IST)

Farooq Abdullah: Decision on FDI in retail decision has been put under suspension till there is consultations between all the parties and CMs of all states. Parliament is going to function. All have agreed.

Dec 07, 2011 10:03 (IST)

Decision on FDI on hold till a consensus: Pranab

Dec 07, 2011 10:02 (IST)

Consensus at all-party meeting; Parliament logjam ends

Dec 07, 2011 09:55 (IST)

Sources say decision on FDI likely after Uttar Pradesh elections

Dec 07, 2011 09:54 (IST)

CPI leader Gurudas Dasgupta: We want complete roll back of FDI

Dec 07, 2011 09:53 (IST)

Arun Jaitley, Sushma Swaraj, Gurudas Dasgupta, Sharad Pawar arrive for the meeting

Dec 07, 2011 09:52 (IST)

Crucial all-party meeting begins; Finance Minister Pranab Mukherjee expected to explain the government's compromise formula of holding in abeyance its decision to allow foreign direct investment in retail till a consensus is evolved.

Dec 07, 2011 08:45 (IST)

We want FDI in retail policy scrapped: Arun Jaitley to NDTV

Dec 07, 2011 08:43 (IST)

Govt failed to build consensus on FDI in retail: Arun Jaitley
The Opposition stands firm ahead of the all-party meeting.

Dec 07, 2011 08:41 (IST)

But the Opposition still continues to insist that it wants a rollback not a "holdback".

Dec 07, 2011 08:41 (IST)

The government has decided to suspend its decisions on Foreign Direct Investment or FDI in retail till a consensus is reached among political parties.

Dec 07, 2011 08:40 (IST)

Pranab expected to explain the government's decision to put FDI in retail on pause

Dec 07, 2011 08:40 (IST)

At the meeting, the government's main trouble shooter Pranab Mukherjee will try to break the FDI logjam

Dec 07, 2011 08:39 (IST)

All-party meeting at around 9:30 am today on FDI in retail issue