Akhilesh in favour of FDI in retail?
Contrary to his father Mulayam Singh Yadav's view, Uttar Pradesh CM Akhilesh Yadav said his party would support Foreign Direct Investment(FDI) in multi-brand retail if it benefitted farmers and the manufacturing sector in India. The statement came as a surprise since the Samajwadi Party (SP) Chief had recently written to Prime Minister Manmohan Singh, saying that the government should not consider opening up the multi-brand retail sector to foreign direct investment.