India's parliament has approved the government's plans to open up the country's massive retail sector to international big-box companies such as Wal-Mart. However, individual states will be able to decide whether to let the retailers operate in their territory.
December 11, 2012 at 12:03 AM
1 minute read
The original version of this story was published on Law.Com
India’s parliament on Friday approved the government’s plans to open up the country’s massive retail sector to international big-box companies such as Wal-Mart.
Prime Minister Manmohan Singh’s beleaguered government won the vote in the upper house of parliament on Friday, two days after it had won a similar approval in the powerful lower house.
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