DAVOS:'Every reform has to wait for its own time and any rethink on multi-brand retail policy would first require a larger consensus in the society,' a PTI report quoted Finance Minister Arun Jaitley.
According to the PTI report, Finance Minister maintained that BJP's stance on multi-brand retail FDI remains the same. He said even his stand on the issue was also the same.
He was replying to a question on FDI policy as Walmart and other global retail giants asking India to rethink on multi brand retail.
Finance Minister is in Davos to attend WEF summit.
'Every reform has its own time. The lesson of this story is that unless you are able to bring a larger consensus in the society, and this consensus has to involve state governments, municipalities,' PTI quoted the Finance Minister.
'Therefore, if in a confrontationist mode the government takes a stand then to enforce that stand on the ground becomes extremely difficult.'
'Here is a time for every change,' he added.