A political storm is
brewing on the decision of UPA-II, notified on September 20, to allow 51 per
cent foreign equity into the multi-brand retail market in India. Compared to
the infrastructure push or restructuring labour laws, this is relatively a
minor policy measure. Yet it has precipitated a political crisis. West Bengal
chief minister and Trinamool Congress chief Mamata Banerjee has left the
coalition. The BJP is taking a stubborn stand against it. And most Indians are
concerned
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