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LATEST NEWS UPDATES | Left, right united in opposing retail FDI

Left, right united in opposing retail FDI

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published Published on Sep 15, 2012   modified Modified on Sep 15, 2012
-The Times of India

The government is facing a pincer attack over its reform decisions with opposition parties ranging from BJP to the Left planning nation-wide protests, possibly on the same day, against UPA-2's bid to allow FDI in sectors like multi brand retail and civil aviation.

Regional parties like Samajwadi Party and Janata Dal (U) also joined the chorus of protests, demanding a rollback of the hike in diesel prices along with FDI decisions being put on hold. Left-SP coordination was evident with CPM leader Prakash Karat speaking to Mulayam Singh Yadav. "We will soon build a nation-wide coalition against the government's decisions," the CPM general secretary said, adding, "The date for a nation-wide bandh will be announced soon."

CPM leader Brinda Karat suggested all parties opposed to the government's decisions could protest in a manner that will bring maximum pressure to bear on the Centre. The possibility of an opposition gang-up with its own allies in a sullen mood will be a challenge for the Congress as it will appear isolated in such a scenario.

The BJP attacked the government for making people pay for its inability to manage the economy and hit out at UPA-2 for turning a blind eye at scams that cost the treasury lakhs of crores of rupees in lost revenue. BJP leader Rajnath Singh said the "hurried" decision on FDI had been taken in response to foreign pressure.

The BJP said it would affect the livelihood of those engaged in the Indian retail trade. The party is open to coordinating protests with other parties in forcing a bandh and organizing a show of strength against the government.

"It is pertinent to note that recently the UPA government has come under severe criticism for corruption and policy paralysis... to restore his (the PM's) sagging image in the foreign media the government has suddenly decided to allow FDI in multi-brand retail," Singh said. He also challenged UPA allies like NCP and Trinamool Congress and outside supporters like Samajwadi Party, saying, "It is time UPA's coalition partners withdraw support if they are opposed to FDI in retail."

On FDI in civil aviation, BJP spokesperson Rajiv Pratap Rudy said, "We have almost the same stand (as the government). We are not opposed to FDI in aviation." But he maintained India's civil aviation sector needed to becomes "robust" before handling the challenge of foreign airlines.

The Times of India, 15 September, 2012, http://timesofindia.indiatimes.com/india/Left-right-united-in-opposing-retail-FDI/articleshow/16404816.cms


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