News Summary: India gov't wins vote on retailers

December 5, 2012 @ 8:42 am

(AP) - RETAIL VOTE: The Indian government won a vote in its parliament's powerful lower house Wednesday that gave backing to its plans to open up the country's massive retail sector to international big-box companies such as Wal-Mart.

CLOSE CALL: The government won with 253 votes, while 218 lawmakers_ who say the move will crush small shop owners and farmers _ voted against the plan, after 43 lawmakers belonging to two socialist parties abstained from voting.

WHAT'S NEXT: Parliament's upper house will debate the issue later this week.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
More Money News
Top Stories

  • Snowy Passes
    Escape cold Seattle; go skiing at Crystal Mountain

  • Dirty Wars
    Director Jeremy Scahill says Obama hasn't been fighting a clean war

  • Dollars Per Student
    Washington spending per student is below the national average
MyNorthwest.com - Purpose of Comments statement
Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.

Comments