The Department of Industrial Policy & Promotion of the Indian government has issued a formal notification to implement the reform of the country's legislation on foreign direct investment, in spite of strong opposition. As previously reported, the reform allows foreign companies to own a share of 51 percent in multi-brand retail chains at certain conditions and with certain caveats. For example, individual states can block its implementation, and several have already indicated that they will do so. Mamata Banarjee, chief minister of the Trinamool Congress Party, which belongs to the ruling coalition, said she would resign to protest the measure. Shops and schools were closed in certain states, but a nationwide strike was reported to have garnered little support.
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