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Business News/ Politics / Policy/  Jharkhand won’t implement FDI in multi-brand retail: Munda
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Jharkhand won’t implement FDI in multi-brand retail: Munda

CM says he has consulted all coalition partners before arriving at decision

Jharkhand chief minister Arjun Munda. Photo: Hindustan Times (Hindustan Times)Premium
Jharkhand chief minister Arjun Munda. Photo: Hindustan Times
(Hindustan Times)

Ranchi: Jharkhand will not implement foreign direct investment (FDI) in multi-brand retail, chief minister Arjun Munda said on Sunday. “I have spoken to all our coalition partners and we are all of the opinion that FDI will not be implemented in the state," Munda said.

Munda, who heads a coalition government led by the Bharatiya Janata Party (BJP), said this while addressing a function organized by the Federation of Jharkhand Chamber and Industries in Ranchi. Though the BJP has been against FDI in multi-brand retail from the very beginning, Munda said, the Jharkhand government took time to talk to coalition partners on the issue. PTI

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Published: 30 Sep 2012, 09:29 PM IST
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