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Farmers support FDI in retail, says PM
December 08, 2012
The decision on Foreign Direct Investment in retail is supported by farmer organisations, said Prime Minister Manmohan Singh today.

"FDI in retail will introduce new technology. I am confident that it will benefit farmers and consumers," he added.

The UPA government managed an easy win in the Rajya Sabha when FDI in multi-brand retail came up for voting yesterday. 123 members voted against the motion while 109 voted in favour after a two-day animated debate during which the Opposition attacked the proposal to allow 51 per cent FDI in multi-brand retail, while the government strongly justified it saying it was in the best interest of the country. 
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