Unfazed Manmohan presses reforms pedal

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''In his address to the nation on September 21, 2012, the Prime Minister of India, Dr.Manmohan Singh, struggled to convince the people of India on the benefits of FDI in multi-brand retail. But the arguments put forth by him in favour of FDI proved to be fallacious and unconvincing, besides being a travesty of truth. Consequently, the opposition has hit out at the Prime Minister over his address to the nation saying that he was “misleading” the country on FDI in multi-brand retail and appeared to be advocating interests of other countries while trying to “defend the indefensible.” In conclusion, allowing 51 percent FDI in multi-brand retail is an unwise and an anti-people decision. The general consensus is that the government should not stand on prestige; but should annul the decision to allow 51 percent FDI in multi-brand retail trade.'' Dr.C.Murukadas, The Times of India, Sep 30, 2012