FDI in retail: CPM lambasts Gogoi

Assam Chief Minister Tarun Gogoi o Tuesday faced flak for supporting 51 per cent FDI in multi-brand retail. CPI(M) criticized him alleging it an attempt to introduce the concept in the state will affect both farmers and consumers. CPI(M) state secretary Uddhav Barman told reporters in Guwahati that Gogoi has supported Centre's decision to allow FDI in multi-brand retail. But any attempt to allow foreign companies to open such shops in Assam will be detrimental. He said that Gogoi has supported the Centre's stand without going into details regarding cost-benefit analysis.