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FDI policy has approval of the Lok Sabha: PM

Prime Minister Manmohan Singh Wednesday said the decision to have FDI in multi-brand retail has the approval of the house.

Published: 05th December 2012 08:41 PM  |   Last Updated: 05th December 2012 08:41 PM   |  A+A-

Manmohan-Singh
By IANS

Prime Minister Manmohan Singh Wednesday said the decision to have FDI in multi-brand retail has the approval of the house.

"FDI has approval of the house," Manmohan Singh told reporters after the opposition-sponsored motion opposing the decision on Foreign Direct Investment in retail was defeated in the Lok Sabha.

Singh said the government is confident of the numbers in the Rajya Sabha.

"We are confident of numbers in the Rajya Sabha," he said.

The Rajya Sabha will discuss the issue Dec 6-7 and vote on Dec 7.



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