Deputy Chairman, Planning Commission Montek Singh Ahluwalia with Deepak Parekh, Chairperson, High Level Committee on Financing Infrastructure and ICICI Bank CEO & MD, Chanda Kochhar during a press conference at Planning Commission in New Delhi.
Protestors burn an effigy representing the Indian government and Foreign Direct Investment in New Delhi. Last month UPA government agreed to let in foreign retailers, loosened rules on foreign investment in airlines and TV and agreed to sell off stakes in four state owned companies.
Activists of National Federation of Indian Women shout slogans against the Indian government during a protest against Foreign Direct Investment in New Delhi. The government's surprise announcement that it will allow foreign investment in retail and aviation and the sale of minority stakes in four state-run companies evoked sharp criticism from opposition parties and some of the ruling Congress party's coalition allies.
Prime Minister Manmohan Singh chairs the Full Planning Commission Meeting for the Twelfth Five Year Plan (2012-17) in New Delhi. After unleashing big bang reforms measures in the last two days, Singh said it will take "courage and some risks" to break the policy logjam and strongly favoured higher FDI and FII flows.
A boy sells balloons outside a shop in New Delhi. India to open its huge market to foreign retailers such as Walmart as part of a flurry of economic reforms aimed at sparking new growth in the country's sputtering economy.
From left, Finance Minister Pranab Mukherjee and Leader of Opposition Sushma Swaraj speaks in the Lok Sabha in New Delhi. Strongly defending its decision to allow FDI in retail, Finance Minister Pranab Mukherjee told Congress MPs that the government was "compelled" to suspend the move to avoid "pre-mature elections".
Finance Minister Pranab Mukherjee after the all-party meeting on FDI in retail issue at Parliament House in New Delhi. Bowing to intense pressure from within and outside, the government announced suspension of its decision to allow FDI in retail, bringing Parliament back to business after nine days of logjam.
A TV Grab shows the Lok Sabha in New Delhi. Almost half of the Winter session was washed out with the ninth consecutive day being lost to the din caused by the Opposition and two UPA constituents over their demand for a rollback of the decision to allow FDI in retail.
Coal Minister Sri Prakash Jaiswal's car is blocked by BJP workers as he comes out of the CCL headquarters at Dharbanga House in Ranchi during the traders' Bharat Bhandh call against FDI in retail sector.
A partially closed market of Connaught Place during an all-India bandh called by traders to protest against Foreign Direct Investment in retail in New Delhi. The bandh evoked partial response in Delhi with main markets functioning as usual.
BJP workers burn an effigy of Prime Minister Manmohan Singh during a protest against the Union government's decision to allow FDI in retail sector in New Delhi. Traders called for nationwide strike to protest against the decision.
BJP senior leader L.K. Advani arrives to attend the all-party meeting to discuss the issue of Foreign Direct Investment in the retail sector at Parliament House in New Delhi. The deadlock in Parliament over FDI in retail issue continued.
Union Finance Minister Pranab Mukherjee arrives to attend the all-party meeting to discuss the issue of Foreign Direct Investment in the retail sector at Parliament House in New Delhi. The deadlock in Parliament over FDI in retail issue continued.
TV Grab of the Lok Sabha in New Delhi. The political upheaval over FDI in retail failed to subside despite an all-party meeting, with a united opposition, joined by UPA constituents Trinamool Congress and DMK, stalling proceedings by remaining adamant on their demand for a rollback.