UPA wins FDI vote in Rajya Sabha

Government has won the approval of Parliament to its decision of allowing FDI in multi-brand retail with a motion against it being defeated convincingly in Rajya Sabha, as BSP voted in favour of UPA. 123 members voted against the motion while 109 voted in favour after a two-day animated debate during which the Opposition attacked the proposal to allow 51 per cent FDI in multi-brand retail, while the government strongly justified it saying it was in the best interest of the country. Samajwadi Party, which has nine members in the House, staged a walkout expressing dissatisfaction over Commerce Minister Anand Sharma's reply.
The defeat of the motion moved by AIADMK member V Maitreyan in the Rajya Sabha came two days after the Lok Sabha voted out a similar motion, paving the way for entry of global supermarkets like Walmart into the country. The government's victory in Rajya Sabha, where UPA lacks a majority of its own, came with the help of 15-member BSP, which had walked out of the Lok Sabha during voting on the issue. UPA has 94 members in the Upper House which has an effective strength of 244.