|
|
|
|
|
17th Ramzanul Mubarak 1436 | Sunday, Jul 05, 2015
Politics

Economist PM is wrong on FDI: BJP

Saturday, 8 December 2012
Comments(0)
New Delhi, December 08:

The Bharatiya Janata Party (BJP) on Saturday took on Dr. Manmohan Singh, saying the economist Prime Minster is wrong on foreign direct investment (FDI) in multi band retail and alleged that his government has betrayed the nation. Reacting to the Prime Minister’s remark that FDI will benefit the farmers, BJP spokesperson Rajiv Pratap Rudy said that he (Manmohan Singh) is trying to top down the victory in Parliament, which has been a virtual defeat for the government.” “He is talking about the farmers, but the cold stores, roads required to reach the cold stores and electricity required for the cold stores will come after 20 years and that is when the farmers will send their produce, but as far as the consumer’s items are concerned, they will be imported from China, Japan and U S within weeks and months and consumers will buy those products,” said Rudy. “I think his (Prime Minister) economics is wrong and BJP strongly believes that the Prime Minster and UPA Government has betrayed the nation,” he added.

Janata Dal-United president and NDA convener Sharad Yadav also echoed similar sentiments on the FDI issue, and said that the people of the country would give a befitting reply to the government very soon. “There was no manipulation during the all India shut down call on the FDI issue, but the government has won technically in Parliament. But in the coming days, when the general elections will take place, the people will roll back this government and its policy,” said Yadav. Prime Minister Dr. Manmohan Singh earlier today said that FDI in retail would benefit the farmers, consumers and the country. "Our decision to allow Foreign Direct Investment in retail, which was approved by Parliament recently, was strongly supported by farmer organizations in Punjab. It will introduce new technology and investment in marketing agricultural produce,” said Dr. Singh in his address at the Golden Jubilee Convocation of Punjab Agricultural University at Ludhiana. "India must take full advantage of modern technology and the operational and management experience of big supply chains in the food retail business to make this happen. I am confident that it will benefit the farmers, and the consumers and our country," he added. The Prime Minister’s statement came a day after the UPA Government won the FDI vote in the Rajya Sabha. The government had earlier won the FDI vote in the Lok Sabha despite stiff opposition from the BJP-led NDA. (ANI)

Latest News

National Security Act against those whippi...

Taking serious note of stray incidents of communal flare ups in the state ahead of panchayat polls, the Uttar Pradesh Police on Sunday said ...

'Krupasindhu' a socio-religious family drama: Yatin Nandwani

After producing Hindi films like "Dehradun Diary" and "Trip To Bhangarh", Anita Nandwani and Yatin N ...

Pakistan violates ceasefire in Arnia sector of Jammu and Kashmir, attack...

Pakistani Rangers on Sunday resorted to repeated ceasefire violations and targeted Border Out Posts ...

Related News

Shiv Sena was not born for power, says Uddhav Thackeray

Shiv Sena will get absolute majority in Maharashtra one day if the people of the state decide to do ...

No ties with Janata Parivar, Left stands u...

Ruling out the possibility of alliance with Janata Parivar, Left parties on Sunday announced they will contest the crucial Bihar Assembly el ...

PM Modi's 8-Day Visit to Russia, Central Asia Starting July 6 Will...

Prime Minister Narendra Modi leaves on Monday on an eight-day tour that will take him to the five Ce ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 26030 (Per 10g)

Opinion Poll
Do you think 'Operation Late Nigt' of the city police should be continued during Ramzan too?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, Telangana, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com