AAP’s decision on FDI in retail irresponsible: Anand Sharma

Terming the Delhi government’s decision to disallow FDI in multi-brand retailing as “abrupt, irresponsible and ill-considered,” Commerce and Industry Minister Anand Sharma on Tuesday said India is not a banana republic where policy decisions can be reversed.

The ministry, he said, will examine the communication of the newly installed Aam Aadmi Party-led Delhi government on reversing the earlier decision of the state to allow foreign direct investment policy in multi-brand retail trading.