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Parliament logjam over FDI ends after all-party meet

NEW DELHI: The deadlock in parliament over the governments decision to allow foreign investment in the retail sector ended on Wednesday morning after an all-party meeting passed a resolution to suspend the move till consensus is reached. According to Times Now, the issue of FDI in retail will be put on hold, till consensus is reached and Parliament will function normally.. The government had called an all-party meeting to end the logjam in Parliament over allowing FDI in retail following efforts over the past few days to reach out to opposition and some of its own allies on the issue. Nearly half of the winter session has been lost due to protests and slogan-shouting by opposition members over various issues, mainly FDI in retail. The government had decided Nov 25 to allow 51 per cent foreign ownership of multi-brand retail stores and 100 per cent in single brand outlets.

                                                                                                               
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