Saturday, November 26, 2011

[ZESTCaste] FDI in retail: Mayawati slams Centre, says move to benefit 'Rahul's foreign friends'

 

http://www.ndtv.com/article/india/fdi-in-retail-mayawati-slams-centre-says-move-to-benefit-rahuls-foreign-friends-153151

FDI in retail: Mayawati slams Centre, says move to benefit 'Rahul's
foreign friends'

NDTV Correspondent, Updated: November 26, 2011 13:30 IST

Lucknow: The opposition to the government's decision to raise the cap
of Foreign Direct Investment (FDI) in the retail sector found another
voice as Uttar Pradesh Chief Minister Mayawati today slammed the move,
dubbing it as "dangerous" for small traders.

In a stinging criticism of the Centre's latest reform plan, Ms
Mayawati, who is also the chief of the Bahujan Samaj Party (BSP), said
that the FDI plan was a move to benefit foreign companies like
Walmart. The Cabinet's nod to allow 51% FDI in the multi-brand retail
segment will facilitate giants like Walmart, Carrefour and Tesco to
set shop in the country. Previously, such retailers were not allowed
to conduct retail business in the country.

Taking her attack on the Centre a step further, the Chief Minister
said that FDI in retail would help Congress General Secretary Rahul
Gandhi's foreign friends. The salvo at the young Congress leader comes
in the wake of a series of attacks by Mr Gandhi on the Mayawati-led
government, accusing her of corruption and underdevelopment in the
state.

Accusing the government of moving on the FDI front despite opposition
from its allies, Ms Mayawati warned of strong steps if the decision
wasn't withdraw.

The BSP chief's criticism comes in the wake of pressure from allies as
well as the Opposition for a rollback of the decision. There was, in
fact, a major ruckus in Parliament yesterday over the issue with the
Bharatiya Janata Party (BJP) even mulling over an adjournment motion
in the Lok Sabha on the issue on Monday.

But the government seems unfazed by the opposition, contending instead
that FDI in multi-brand retail will not only help farmers but will
also create jobs. (Read)

Read more at: http://www.ndtv.com/article/india/fdi-in-retail-mayawati-slams-centre-says-move-to-benefit-rahuls-foreign-friends-153151&cp

__._,_.___
Recent Activity:
----
INFORMATION OVERLOAD?
Get all ZESTCaste mails sent out in a span of 24 hours in a single mail. Subscribe to the daily digest version by sending a blank mail to ZESTMedia-digest@yahoogroups.com, OR, if you have a Yahoo! Id, change your settings at http://groups.yahoo.com/group/ZESTMedia/join/

PARTICIPATE:-
On this list you can share caste news, discuss caste issues and network with like-minded anti-caste people from across India and the world. Just write to zestcaste@yahoogroups.com

TELL FRIENDS TO SIGN UP:-
If you got this mail as a forward, subscribe to ZESTCaste by sending a blank mail to ZESTCaste-subscribe@yahoogroups.com OR, if you have a Yahoo! ID, by visiting http://groups.yahoo.com/group/ZESTCaste/join/

Also have a look at our sister list, ZESTMedia: http://groups.yahoo.com/group/ZESTMedia/
MARKETPLACE

Stay on top of your group activity without leaving the page you're on - Get the Yahoo! Toolbar now.

.

__,_._,___

No comments:

Post a Comment

Blog Archive