New Delhi, Dec.8 (ANI): Congress Members of Parliament were told on Thursday that the UPA Government was "compelled" to suspend the move to allow 51 percent foreign direct investment in multi-brand retail avoid a mid-term election.
Addressing the Congress Parliamentary Party here, Finance Minister Pranab Mukherjee said going ahead with the decision could have created a "crisis" for the government.
"I am sorry to those members who had supported FDI in retail and might be feeling let down. But if we had gone ahead it could have created a crisis for the government," he said.
Mukherjee said that it was the Congress party's responsibility to take its allies on board on the decision.
Mukherjee said the adjournment motion was similar to a no-confidence motion.
"This compelled us to put the brake on the FDI decision," he said.
He, however, said the suspension of the FDI decision did not amount to a roll back. (ANI)
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