Unfazed Manmohan presses reforms pedal

In his address to the nation on September 21, 2012, the Prime Minister of India, Dr.Manmohan Singh, struggled to convince the people of India on the benefits of FDI in multi-brand retail. But the arguments put forth by him in favour of FDI proved to be fallacious and unconvincing, besides being a travesty of truth. Consequently, the opposition has hit out at the Prime Minister over his address to the nation saying that he was “misleading” the country on FDI in multi-brand retail and appeared to be advocating interests of other countries while trying to “defend the indefensible.” In conclusion, allowing 51 percent FDI in multi-brand retail is an unwise and an anti-people decision. The general consensus is that the government should not stand on prestige; but should annul the decision to allow 51 percent FDI in multi-brand retail .
Dr.C.Murukadas, Times of India, Sep.30, 2012