FDI in retail: Govt faces salvo from Opposition, Allies

Niticentral Staff | Sep 14, 2012

Both Opposition parties and the allies have come out against the Union Cabinet’s decision to open the retail market for foreign investment on grounds that these reforms were “anti-people” and will “only serve the interests of the MNCs.

In fact, key UPA ally Trinamool Congress on Friday threatened to pull out from the Government. So much so, they have even given a 72-hour deadline for the Government to revoke their decision on FDI in retail.

Their Reactions:

TMC leader Mukul Roy

Trinamool Congress gives 72-hour deadline to govt for roll back of FDI in multibrand retail and diesel price hike

We will take a tough stand at TMC parliamentary party meeting on Tuesday

TMC MP Kunal Ghose

“Trinamool Congress is strongly opposing the cabinet decision to allow FDI in multi-brand retail. We are not in agreement with the decision,”

CPM leader Brinda Karat

“Their reform measures are only to suit the MNCs and it has nothing to do with India or its people. They only want to listen to the corporates. This government cannot create jobs, it cannot control prices.

“This government is a burden on the people. We are already working towards a organising a united movement against this government (after it announced a steep hike in diesel prices yesterday),” Karat told PTI.

CPI(M) General Secretary Prakash Karat

“The decision will be disastrous for the country and spell doom for lakhs of small shopowners,”

CPI National Secretary D Raja

UPA has become a “prisoner of corporates” and it went ahead with these “anti-people” measures as it wanted to impress the corporates. ”

BJP Chief Spokesperson Ravi Shankar Prasad

“BJP strongly condemns this hurried decision forcing FDI in multi-brand retail in India. In spite of serious opposition from within Congress, its allies and nearly the entire Opposition led by BJP, the government has seriously jeopardised the life, livelihood and employment of five crore people involved in retail trade in the country,”

“Outsourcing from India remains a very contentious issue in America and Europe. The Manmohan Singh government has not been able to extract any firm commitment for India and yet has opened the floodgates to FDI in retail, which will be disastrous for the country,”

Senior JD(S) leader Danish Ali

“We are totally opposed to the hike in diesel prices or FDI in multi-brand retail. Since yesterday, the government is coming out with a series of anti-people measures. JD(S) cannot be party to this. We will review our support,”

(With PTI inputs)

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Niticentral Staff

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