A Pawn Sacrifice?
It would be premature to write an obituary for opening up the organised retail industry to foreign direct investment. The same Prime Minister who heads the government that has apparently eaten humble pie on its decision on retail once said, in the midst of the Left's mounting opposition to the Indo-US nuclear deal, that the government had more things on its plate than the nuclear deal. This lulled the Left's belligerence into cooperation and led everyone to write off the deal, the PM's credibility and the government's efficacy.
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