|
|
|
|
|
16th Jamadi-us-Saani 1435 | Thursday, Apr 17, 2014
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

Capt Amarinder promises end to Congress wo...

Former Punjab Chief Minister and Congress candidate from Amritsar Capt Amarinder Singh on Thursday promised to end the party workers' intimi ...

KCR met Sonia only to seek CM's post: Shravan

Telangana Pradesh Congress Committee chief spokesperson Dr Sharavan Kumar on Thursday alleged that T ...

Low-cost airliner SpiceJet will be the principal sponsor for the Sun Group-owned IPL team SunRisers ...

Related News

Credit Cong top brass for BJP's imminent win: Advani

Senior BJP leader LK Advani is confident about the party's outright win in the Lok Sabha elections a ...

CPI-M ready to withdraw Varanasi candidate

CPI-M leader Prakash Karat Thursday offered to withdraw his candidate from the Varanasi Lok Sabha co ...

Around 40 percent vote in Maharashtra

Moderate balloting of around 40 percent was seen in the 19 Lok Sabha constituencies in Maharashtra that went to the polls Thursday, official ...

Post new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

Rs. 29340 (Per 10g)

Opinion Poll
Do you think Kumar Vishwas can beat Rahul Gandhi in Amethi?
YesNoCan't say

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

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