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Multi-brand retail FDI notification PILed

Thursday’s DIPP notification allowing FDI in multi-brand retail has been challenged in the Supreme Court by advocate ML Sharma on the ground that the notification lacks parliamentary approval. Sharma has been active in filing public interest litigation in the past.

He said:

The notification would hit the life and livelihood of more than 35 crore citizens of India “who are surviving through their small retail trade upon footpath, small shops, hand-trolley and even door-to-door.

The notification has been issued in the name of reform but, in fact, it is a sale of India, citizens of India, their business and future of the country to foreigners. [The Hindu]

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