Indian Government Puts FDI in Retail Decision On Hold


Inside of a Walmart in Miami, Florida. (Photo: GeneralCheese/Wikipedia)

The Indian government suspended its plan to allow retail giants like Wal-Mart to operate in India.

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This story is based on a radio interview. Listen to the full interview.

The plan, announced just two weeks ago, would have allowed foreign companies to own up to 51 percent of local retail share. But fierce opposition has now forced the government to put it on hold.

Anchor Marco Werman talks to Sagarika Ghose who is a senior editor with CNN-IBN television in New Delhi.