date:Sep 19, 2012
The Centre's decision to allow 51 per cent FDI (foreign direct investment) in multi-brand retail is being strongly opposed by the Federation of Associations of Maharashtra (FAM), the apex body of over 750 trade, transport and small-scale associations. FAM gave out details on why it was opposed to the new policy at a press conference held here on Tuesday.
Mohan Gurnani, president, FAM observed, We traders are being targeted and not only the traders' community but the Government of India is misle