Saturday, May 25, 2013





Indian lawmakers debate entry of foreign retailers


Last Modified: February 19. 2013 8:38PM
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(AP) Indian lawmakers are debating before a crucial vote in Parliament the government's recent decision to allow foreign investment in the retail sector.


Angry opposition leaders say the decision to allow in international supermarket chains will hurt small retailers and farmers.


But the ruling Congress Party says the move is necessary to spur the country's sputtering economy and bring in a fresh infusion of investment.


The Congress says it is confident of winning the vote with the support of its political allies. A loss would be a major embarrassment but would not stop the measure from being implemented.


Associated Press


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