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UPA's retail FDI decision against national
interest: Opposition
Thursday March 07, 2013 10:32:37 PM,
IANS
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New Delhi:
Continuing their attack on the Congress-led UPA government for
allowing FDI in multi-brand retail, opposition parties Thursday
accused it of working against the national interest, with the BJP
asserting that it will oppose the move till its "last breath".
"This FDI (foreign direct investment) is not in favour of the
consumer, farmer, trader, manufacturer and the country. That's why
we are opposing it and will continue to oppose it till our last
breath," Jaitley said as he addressed a rally held at Ramlila
Ground here organised by the Confederation of All India Traders (CAIT).
The senior Bharatiya Janata Party (BJP) leader argued that under
FDI, 60-70 percent of the business will go into the hands of just
two or three companies which will be harmful for the farmers.
"The farmers would be left with no choice but to sell their
produce to them. When the number of sellers decrease, how will it
benefit the farmers," asked Jaitley.
BJP president Rajnath Singh accused the government of working
against the national interest and under US pressure.
"The government went ahead without building any consensus ... it
was only because the government was under the pressure of America,
as it was during the nuclear deal," said Singh asserting that if
the BJP returned to power, it would revoke the agreement.
Sharad Yadav - chief of the Janata Dal (United), BJP's ally in the
National Democratic Alliance, agreed: "As soon as NDA returns to
power, the PM's dream of FDI will turn to dust."
The Communist Party of India (CPI) accused retail giant Wal-Mart
of corruption, referring to the allegations of lobbying by the
company with US lawmakers to enter India.
"The incident shows how foreign companies will be allowed to set
shops in the country by adopting corrupt practices. Walmart's
entry into India began with corruption, how can it act clean after
this," party leader A.B Bardhan said.
Communist Party of India-Marxist (CPI-M) leader Basudeb Acharia
said any major intervention in the Indian economy by foreign
companies will destroy the small traders, who are the foundation
of the country's economy. He claimed at least 4,000 people will be
left unemployed by each retail shop set up by Wal-Mart.
Hundreds of trader, hawkers and unions from across the country
participated in the rally while several markets in the capital
remained closed till afternoon as traders downed shutters in
protest.
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