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SC poser to centre on retail FDI impact

New Delhi,Business/Economy,Immigration/Law/Rights, Tue, 22 Jan 2013 IANS

New Delhi, Jan 22 (IANS) In a poser to the government whether it had factored in the apprehension of small traders before allowing FDI in multi-brand retail sector, the Supreme Court Tuesday wondered if the decision was a "political gimmick".

"Have you brought FDI as a political gimmick or has it borne any fruits," asked the apex court bench of Justice R.M. Lodha and Justice S.J. Mukhopadhaya, while asking the central government to file its response to a petition claiming that the entry of the multi-national companies would hurt the livelihood of 35 crore Indians.


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