Press Esc to close
Friday 19 September 2014
News updated at 3:05 AM IST
Weather
Max: 27.8°C
Min : 20.1°C
In Bangalore
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
A man collects drinking water from a partially submerged hand-pump in Srinagar...

A man collects drinking water from a partially submerged hand-pump in Srinagar...

Formula One drivers take off their headsets as they leave a news conference...

Formula One drivers take off their headsets as they leave a news conference...

Contestants of Femina Style Diva 2014 take a selfie with actress Mugdha Godse...

Contestants of Femina Style Diva 2014 take a selfie with actress Mugdha Godse...

Narendra Modi explains about the working of spinning wheel to Chinese President Xi Jinping...

Narendra Modi explains about the working of spinning wheel to Chinese President Xi Jinping...

Police lathicharge RLD supporters who were holding a protest against the Union government...

Police lathicharge RLD supporters who were holding a protest against the Union government...

Fawad Khan and Sonam Kapoor promote their upcoming film Khoobsurat...

Fawad Khan and Sonam Kapoor promote their upcoming film Khoobsurat...

Actors Shivarajkumar and Upendra offering the cake each other on the occasion of Uppi's birthday...

Actors Shivarajkumar and Upendra offering the cake each other on the occasion of Uppi's birthday...

Indian Oil Corporation rescue operators demonstrate a mock drill under...

Indian Oil Corporation rescue operators demonstrate a mock drill under...

Virendra Sehwag and George Bailey at the unveiling of Kings XI jersey...

Virendra Sehwag and George Bailey at the unveiling of Kings XI jersey...

People tearing a poster of actor Vijay...

People tearing a poster of actor Vijay...

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