27.9.12

The BJP on FDI in Retail


Clearing the party line on FDI in multi-brand retail, BJP totally opposed the move at the party’s national executive being held here in the backdrop of stiff opposition to the government’s decision to bring 51% FDI in the retail sector from parties across the political spectrum.
Party chief Nitin Gadkari in his opening speech at the executive “categorically opposed” FDI in retail and said, the party will oppose it till the government rolls back the decision.
When pressed further, party spokesman Ravi Shankar Prasad said, BJP is of the view that, “51% FDI in retail is not in the interest of the country or our own farming community.” On further questions on whether BJP’s opposition was to the quantum of FDI, he clarified by saying, “wait for our manifesto… 51 or no per cent… ” implying that the party is clearly against FDI in the multi-brand retail sector. The BJP-ruled states have already decided to reject FDI in retail sector, Prasad said, adding, “we are against FDI in retail… when we come to office the consequences will follow,” in reply to a question on whether BJP will scrap FDI in multi-brand retail if it is voted into power at the Centre.

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