It is not understandable as to what has prompted the
present minority Government to take a hurried decision on such an important
issue which touches the livelihood of millions of common people.” Prakash Karat
General Secretary of CPM lashed out at the Congress-led UPA Government for
going ahead with its decision to implement the Foreign Direct Investment (FDI)
in retail without taking the mandate of the Parliament. Moreover, in his
address to the nation on September 21, 2012, the Prime Minister of India, Dr.
Manmohan Sing, struggled to convince the people of India on the benefits of FDI
in multi-brand retail. But the arguments
put forth by him in favour of FDI proved as fallacious and unconvincing,
besides being travesty of truth. Consequently, the opposition has hit out at
the Prime Minister over his address to the nation saying that he was
“misleading” the country on FDI in multi-brand retail and appeared to be
advocating interests of other countries while trying to “defend the
indefensible”. In conclusion, allowing
51 percent FDI in multi-brand retail is an unwise and an anti-people decision;
it requires to be definitely annulled!
Dr.C.Murukadas,
Deccan Chronicle, September 22,2012
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