News Summary: India gov't wins vote on retailersDecember 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 This material may not be published, broadcast, rewritten or redistributed.)
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