Indians should discuss issues like FDI themselves: US

Image
Press Trust of India Washington
Last Updated : Jan 24 2013 | 2:10 AM IST

"India is a strong and vital and vibrant democracy, and it's only fitting that they would discuss this kind of issue and all of its possible ramifications, as well as its negatives and pluses and its possible impact on the Indian economy," State Department spokesman Mark Toner said.

"We're going to continue to promote US businesses both in India and worldwide, but we're also going to allow the Indian political system and process to play itself out," he said in response to a question on the ongoing debate in Parliament on Foreign Direct Investment in the retail sector.

The Indian government successfully got a bill on FDI in retail sector passed in Lok Sabha, despite stiff opposition.

The bill has been now tabled in Rajya Sabha for voting.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 07 2012 | 2:35 PM IST

Next Story