The United Progressive Alliance government may have put on hold its decision on foreign equity in retail, given the fierce resistance from both opposition as well as key allies, according to West Bengal chief minister Mamata Banerjee. But there was no formal announcement from the government on the issue.
Banerjee -- who heads the Trinamool Congress, a key partner in the ruling United Progressive Alliance (UPA) that is against the reform policy -- said finance minister Pranab Mukherjee had told her that the decision would be suspended for sometime.
Banerjee -- who heads the Trinamool Congress, a key partner in the ruling United Progressive Alliance (UPA) that is against the reform policy -- said finance minister Pranab Mukherjee had told her that the decision would be suspended for sometime.