BSP, SP abstain as Lok Sabha approves FDI in retail, rejects opposition motion – Daily News & Analysis
FDI in multi-brand retail on Wednesday got the approval of the Lok Sabha as the Opposition motion seeking immediate withdrawal of the decision was rejected convincingly as BSP and SP walked out.
218 voted in favour of the Opposition motion, while 253 voted against it in the House where 471 members participated in the voting. The total strength of the House is 545.
The House also rejected the motion seeking amendment to the rules notified by the Reserve Bank under Foreign Exchange Management Act (FEMA) to enable FDI in multi-brand retail.
While 254 voted in favour of the government, 224…