Cloudy
22°CThu :Few Showers. High: 28 Low: 16

Mayawati opposes FDI in retail, mum on vote

Mayawati opposes FDI in retail, mum on vote

New Delhi/Lucknow: all over again Mayawati has set to play the scheme. Bahujan Samaj Party head honcho on weekday proclaimed that her party is hostile FDI in retail however remains mulling over whether or not to support the govt. once the proposal can come back up for vote in Parliament.

Addressing a conference, Mayawati aforementioned, “Foreign investment necessary|is vital|is very important} for the country however the sectors within which in it ought to be allowed is additionally important. If foreign direct investment is to hit the domestic markets, then it ought to be looked into it.”

“By attractive FDI in retail which too with no clause that mandates use of native manufacture, it might be not right for the govt. to travel ahead with it. Our party and the general public of the country suppose that the farmers, traders, little industries are hit by FDI in retail,” she said, adding, “It can directly have an effect on the poor and socio-economic class folks of the country. Our country can become AN economic slave through these foreign firms.”

“Small farmers are badly hit and that they won’t be able to survive. folks conjointly concern that the foreign firms can herald low cost product from outside and flood our markets,” she said.

“The Centre’s rivalry that the foreign firms can solely operate in mere cities with a population of over ten lakhs, however our party doesn’t believe this premise because the foreign firms themselves need to work solely in such areas,” she said.

“Our recommendation to the Centre is that it ought to implement the FDI policy in Congress dominated states and review its impact in an exceedingly such time-frame. however as of nowadays, with having not seen the advantages of the FDI policy we have a tendency to don’t support it as of currently,” Mayawati aforementioned.

Attempting a fine equalisation act as she doesn’t need to reveal her cards at this juncture, Mayawati aforementioned, “The solely and purpose of the FDI policy is that the states won’t be forced to adopt it. however whether or not the opposition to the FDI policy would be mean that we’ve got to face with communal forces is additionally being checked out. thence we’ll announce our stand on vote solely at the time of vote in Parliament.”

 

Top Stories

glasgow1_0_0_0_0_0_0_0_0_0

Commonwealth Games, Day 1 Live: Indian paddlers will find it tough to match Delhi medal haul

July-24-2014
11.23 AM: India look to open medal account with weightlifting India’s first medal in the 20th Commonwealth Games is expected to come
kunalsohaaa01

Finally Soha Ali Khan & Kunal Khemu get engaged

July-24-2014
Soha Ali Khan and Kunal Khemu have been very open about their relationship since the start and now the actors have decided
even-as-samsung-struggles-iphone-sales-in-china-give-a-boost-to-apples-profit

Apple Inc focus now shifts to iPhone 6 launch

July-24-2014
A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the
sania-mirza-shoaib-marriage-pics-2-360_story

‘Sania Mirza Is Pakistan’s Daughter-In-Law’, says BJP leader

July-24-2014
Tennis star Sania Mirza is “Pakistan’s daughter-in-law” and has incorrectly been designated the brand ambassador of India’s youngest state, professes a BJP
arun-jaitley_625x300_81405046408

Cabinet Approves 49% FDI in Insurance

July-24-2014
The Cabinet has cleared the Insurance Laws (Amendment) Bill and it will be subsequently introduced in the current session of Parliament. The
M_Id_477081_congress

Jagan Mohan Reddy’s YSR Congress calls for 3-day dharna over loan waiver in Andhra Pradesh

July-24-2014
YSR Congress Party (YSRCP) today accused the TDP Government in Andhra Pradesh of going back on its pre-poll promise about waiving farm