Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/lakshmi87/public_html/india/news-times/tmsconnws.php on line 3
India News and Travel Times Provides India-centric and other News and Features - Search News

Advani: Govt only has foreign investment in mind

     Bharatiya Janata Party (BJP) leader LK Advani on Thursday launched a fresh attack on the Central Government over the Foreign Direct Investment (FDI) in retail, saying the ruling government only has foreign investment in mind despite the political crisis. Advani asked if the government was going to look only at the development of cities by furthering the interests of urban industrialists. "FDI in retail is against the growth of the country, we will not support it. Every single individual in the country knows it very well that the system will not function without small retailers," said Advani. "When the government brought this proposal in Parliament a few years ago, everybody had opposed it . The government then said that the Prime Minister would talk to all including the stakeholders before a decision on FDI in retail is taken. They have not talked to anybody so far," he added. Advani further alleged that the Congress-led UPA Government has become arrogant after coming to power. "I think that this government has become arrogant after coming to power," he said. Amid reports that the government is mulling notifying FDI in retail, the BJP today organized a protest demonstration by traders from across the country here to oppose the move. The entire BJP top rung including party chief Nitin Gadkari, leader of opposition in Lok Sabha Sushma Swaraj, Rajnath Singh, Murli Manohar Joshi, Vijay Goel, among others, participated in the protest. The government had proposed to allow the 450 billion dollars supermarket sector to foreign firms such as Wal-Mart, but had suspended the decision to allow such investment in multi-brand retailing due to opposition from several parties, including some UPA allies.

Custom Search



Home    Contact Us
NOTE:
 Free contributions of articles and reports may be sent to indianewstimes@yahoo.com
DISCLAIMER
All Rights Reserved © indiatraveltimes.com