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An employee uses an electronic machine to check a rupee note inside a bank in Allahabad December 16, 2011. REUTERS/Jitendra Prakash/Files

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A man holds an umbrella to shield himself from the rain on a beach in Mumbai June 13, 2013. REUTERS/Danish Siddiqui

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A salesman weighs chickpea flour for a customer inside a family-owned grocery store at a market in the old quarters of Delhi September 17, 2012. REUTERS/Mansi Thapliyal

A salesman weighs chickpea flour for a customer inside a family-owned grocery store at a market in the old quarters of Delhi September 17, 2012.

Credit: Reuters/Mansi Thapliyal

NEW DELHI | Thu Sep 20, 2012 10:20pm IST

NEW DELHI (Reuters) - India formally opened its supermarket sector to foreign chains and eased foreign investment rules in airlines and broadcasters, a government statement said on Thursday, implementing a spate of reforms unveiled late last week aimed at reviving growth and staving off a credit rating downgrade.

However, the ruling coalition's push to implement foreign direct investment in the supermarket sector and increase diesel prices to pare a bloated subsidy bill faces stiff political resistance.

Trinamool Congress party, the biggest ally in Prime Minister Manmohan Singh's government, pulled out of the ruling coalition on Tuesday, and protesters blocked roads and trains as part of a one-day nationwide strike on Thursday. (Read the nationwide strike story here)

Late last year the government was forced to backtrack on a similar move to open its supermarket sector.

(Reporting by Arup Roychoudhury; Editing by Tony Munroe)
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