Jharkhand won't implement FDI in multi-brand retail: Munda

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

PTI
Published30 Sep 2012, 09:29 PM IST
Jharkhand chief minister Arjun Munda. Photo: Hindustan Times<br />
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.

add_main_imageMunda, 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

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.

Business NewsPoliticsPolicyJharkhand won't implement FDI in multi-brand retail: Munda
More