Arun Shourie backs FDI in Retail

At a time when BJP has stepped up its offensive against the government over FDI in multibrand retail and hike in diesel prices, former party leader Arun Shourie said Prime Minister Manmohan Singh had “for the first time shown his strength”. He justified the Centre’s decision to increase the price of diesel by Rs. 5 per litre. “Increasing diesel prices was the need of the hour,” Shourie told reporters in Bhopal . On FDI in multi-brand retail, the former Union minister said a lot of hue and cry was being raised “unnecessarily” on the issue and that this would neither lead to profit nor losses. 

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