| | NEWS FLASH
| Chief Minister Akhilesh Yadav today said that his government will not allow Foreign Direct Investment in multi-brand retail in Uttar Pradesh.
Governments in West Bengal, Gujarat, Tamil Nadu, Kerala, Bihar and Chhattisgarh have already said that they will not allow FDI in retail.
The Congress-led UPA yesterday announced that FDI would be allowed in multi-brand retail, adding it would be the state governments' prerogative to implement it.
Late last year, the cabinet had allowed 51% Foreign Direct Investment or FDI in multi-brand retail, but suspended its plans after West Bengal Chief Minister Mamata Banerjee threatened to opt out of the coalition at the Centre.
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