Press Esc to close
Saturday 29 November 2014
News updated at 10:05 AM IST
Weather
Max: 0°C
Min : 0°C
In Bengaluru
Sunny day

DMK will not support decision to allow FDI in retail: Karuna

Chennai, Nov 20 , 2012 (PTI)

Breaking his silence on FDI in multi-brand retail, DMK chief M Karunanidhi today said his party will not support the Centre's decision to allow foreign investment in the sector.

"We are not in favour of the decision to allow FDI  (in multi-brand retail)," he told reporters responding to a query on what was the DMK's stand on the FDI issue.

DMK, a key constituent of the ruling UPA government, had recently refused to clarify its stand on the decision to allow FDI in multi-brand retail.


"Small and medium retail traders in Tamil Nadu are apprehensive that Foreign Direct Investment would greatly affect them. We would discuss and take a decision on this (FDI) keeping their interest in mind," Karunanidhi had said last week.

Go to Top

Photo Gallery
Black Friday Shopping Begins On Thanksgiving Evening

Black Friday Shopping Begins On Thanksgiving Evening

Dancers perform during an inauguration ceremony of a Hello Kitty amusement park in Anji

Dancers perform during an inauguration ceremony of a Hello Kitty amusement park in Anji

Regina Vandysheva reacts after winning the 2014 Miss Kazakhstan national beauty

Regina Vandysheva reacts after winning the 2014 Miss Kazakhstan national beauty

Pakistani theatre artists in India  to participate in 'Saanjh: 11th Amritsar-Lahore Peace Festival

Pakistani theatre artists in India to participate in 'Saanjh: 11th Amritsar-Lahore Peace Festival

Nobel Peace Prize winner Kailash Satyarthi being felicitated by Chairman of Bajaj Auto Rahul Bajaj

Nobel Peace Prize winner Kailash Satyarthi being felicitated by Chairman of Bajaj Auto Rahul Bajaj

Rahul Gandhi meeting supporters at his election rally in Jamshedpur

Rahul Gandhi meeting supporters at his election rally in Jamshedpur

Prime Minister Narendra Modi on his departure after attending SAARC summit...

Prime Minister Narendra Modi on his departure after attending SAARC summit...

A boy salvages for belongings amid the debris of his house in Mumbai...

A boy salvages for belongings amid the debris of his house in Mumbai...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523