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

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Press Trust of India Chennai
Last Updated : Jan 20 2013 | 6:29 AM IST

"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.

  

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First Published: Nov 20 2012 | 12:15 AM IST

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