Jharkhand Vikas Morcha Withdraws Support
On 01 October, 2012 the Jharkhand Vikas Morcha, led by Babulal Marandi, withdrew the support of its two MPs to the UPA government. The JVM was part of the UPA. Though this did not impact the stability of the government, the JVM's withdrawal of support came two weeks after a major UPA ally, the Trinamool Congress, pulled out of the alliance.
The reason for JVM's withdrawal was the same as the Trinamool's; against the decision to implement 51% FDI in Retail Businesses and the Hike in Diesel Prices.
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