Showing posts from December 3, 2011

PM meets TMC-DMK over FDI

In its bid to save itself from losing out on votes for the adjournment motion, Manmohan Singh tried to cajole Trinamool Congress and the DMK to support its decision to 51% FDI in multi brand retail and 100% FDI in single brand retail in a closed quarters meeting in capital New Delhi.

The meeting with the two parties comes as a result of the voiced disapproval from both the parties on participation of the FDI in the retail sector. The Parliament sessions, too have been unproductive for the past five days following the vociferous slogans from several parties against the decision. The meeting with the top brass leaders of TNC and DMK was held to convince the allied parties to abstain from voting, if it did not wish to support it. If the Congress has its way then, there is a good chance that it will win the motion.

 The Government, having worked out its calculations, has dared the opposition to go on a no-confidence motion to show its confidence in winning the votes.The main reason behi…