With Dravida Munnetra Kazhagam (DMK) and Trinamool Congress (TMC) opposing FDI in retail, Prime Minister Manmohan Singh today reached out to the two UPA partners but gave no assurance of a rollback of the controversial decision that has led to logjam in Parliament.
During the meeting with leaders of the DMK and TMC, Singh made it clear that the government was determined to go ahead with the decision taken last week to allow 51% FDI in multi-brand retail and 100% FDI in single-brand retail despite the widespread uproar, sources said.
The meeting came against the backdrop of members of DMK and TMC joining opposition in demanding rollback and a discussion in Parliament under an adjournment motion.
The demands had led to stalling of Parliament for the last five working days.
Sources said the Prime Minister gave no assurance on scrapping the decision even as DMK and Trinamool Congress leaders conveyed their objection to it.
DMK leader TR Baalu told Singh that his party was against the decision and will not support it, sources said.
Trinamool Congress leader Sudip Bandopadyay, who represented his party, said the allies appealed to the Prime Minister to accept their request for rollback of the FDI decision.
"Sometimes allies may extend suggestions to bigger parties. It is not a Congress government. It is a combined government of ally parties," he said.
In the Lok Sabha too, Trinamool Congress was aggressive on the issue with some of its members, including Kakoli Ghosh Dastidar, storming the Well and raising slogans against FDI.
Union Minister Farooq Abdullah, who is president of National Conference, was also present at the meeting. His party is with the government.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
