Friday, December 7, 2012

Govt wins FDI vote in Rajya Sabha


The government on December 7 won the approval of Parliament to its controversial decision of allowing FDI in multi-brand retail with a motion against it being defeated convincingly in Rajya Sabha, as the BSP voted in favour of the UPA.
After a two-day animated debate during which the Opposition attacked the proposal to allow 51 per cent FDI in multi-brand retail, 123 members voted against the motion while 109 voted in favour. The government strongly justified the FDI move saying it was in the best interest of the country. 
The government’s victory in the Rajya Sabha, where the UPA lacks a majority of its own, came with the help of 15-member BSP, which had walked out of the Lok Sabha during voting on the issue. The UPA has 94 members in the Upper House which has an effective strength of 244.
Sachin Tendulkar, nominated member who is playing test match in Kolkata, Murli Deora (Congress), who is unwell, and rebel BJD leader Pyari Mohan Mahapatra were absent.

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