The parliament log jam over the decision of the government to permit FDI in retail sector was suspended with the passing of an rsoution by the all party meeting, until a compromise is attained.

After the end of the meeting, political leaders said they have given their approval for the decision for the government to suspend for the time being, the Foreign Direct Investment in retail area.

Some of the highlights of the meeting are

The Union Government for the timebeing has decided to suspend the FDI investment in retail areas, until a compromise is arrived at.

The Logjam of Parliament finally comes to an end.

The Govt.’s decagon was termed as “virtual rollback “by the CPI. It said they will allow the Parliament to function.

The Govt’s decision was briefed to the Lok Sabha by the Union Finance Minister, Mr. Pranab Mukherjee.

The Stakeholders will be taken by the Govt on board for the FDI in retail

The state CMs will be consulted regarding the FDI in retail.

The Govt’s decision was briefed in tahe Rajya Sabha by the Commerce and Industries Minister, Mr. Anand Sharma.

The move was welcomed by Sushma Swaraj, the leader of Opposition. She thanked the Prime Minister, Mr. Manmohan Singh for making the democracy to win.