With this, the government has removed all the barriers for investment and opened Indian economy for global players. The government's approval will no longer be required for FDI in single brand retail trading.
While the opposition has termed the amendments in FDI by the government as a “big U-turn”, Twitter users also lost no chance to take jibes at the government.
Here is how Twitter reacted to the news:
— Deep Prakash Pant (@deeppant2) January 11, 2018
In 2012 , UPA s 49% FDI means selling of country to Foreigners but in 2018 100% FDI by modi means development
Hypocrisy at its best#ModiUTurnOnFDI pic.twitter.com/olWphGUx9d
— MK Balyan (@mkbalyan) January 11, 2018
— Aarti (@aartic02) January 11, 2018
Narendra Modi opposed FDI as CM, but brought 100% FDI in Retail as PM. #ModiUTurnOnFDI pic.twitter.com/9XdM6EDfog
— Ankit Lal (@AnkitLal) January 11, 2018
BJP is giving nation to foreigners, No Modi ji? 100% FDI....
You were against it in 2012 and now you are selling nation to foreigners. #ModiUTurnOnFDI pic.twitter.com/sVa6DuKpc1
— Mehul Choradiya (@ChoradiyaMehul) January 11, 2018
Now are the small "Kirana Shops" won't suffer Mr.PM? Have U kept any of Ur words and promises? #ModiUTurnOnFDI pic.twitter.com/nmhYIGo0o5
— Stella S???????? (@StellaIndian) January 11, 2018
— Narendra Godi (@Trollmodii) January 11, 2018
U turn......???????? pic.twitter.com/UyLPHUoeOW
— Mahesh AAP (@mjdoshi) January 11, 2018