Preparations for new FDI

September 25 2012

Prime Minister Manmohan Singh and his favourite man Montek Singh Ahluwalia consider the rise in petrochemical products and FDI in retail as some tough choices that were made in the name of reforms. However, political analysts are calling it hara-kiri measures by the UPA government. Boasting about not caring of any opinion or analysis, the government may take some more bold decisions about the FDI in the days to come. For instance, after retail, there are chances that FDI will be introduced in insurance and pension; the announcements may be made in the next few days.

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