Status quo on foreign equity in multi-brand retailing: Jaitley

New Delhi, May 22: Finance Minister Arun Jaitley on Friday said the decision taken by the previous United Progressive Alliance (UPA) government to allow 51 percent foreign equity in the country's multi-brand retail trade industry continues even as his party's views were well known. "The views of my party on the policy and the views of my government on the same has been known to everyone for a long time. However, the official position right now is: The earlier policy, which was legislated and implemented by the previous government, still stands," Jaitley said. "This is the current official position. I've not read exactly what she (Commerce Minister Nirmala Sitharaman) has said. But the views are concurrent with that of the party and our government," the finance minister told a press conference here to mark one year of his government.