By: Associated Press
Source: http://photoblog.nbcnews.com
Category: Foreign Investment In India
The government's surprise announcement Friday that it will allow foreign investment in retail and aviation and the sale of minority stakes in four state-run companies evoked sharp criticism from opposition parties and some of the ruling Congress party's coalition allies. A day earlier, the government announced a hike in the price of diesel fuel.
Hundreds of supporters of the Hindu nationalist Bharatiya Janata Party held a rally in New Delhi demanding that the government reverse its decisions, saying they would hurt the poor.
Source: http://photoblog.nbcnews.com/_news/2012/09/15/13886134-india-to-allow-foreign-investment-in-retail-aviation?lite
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