Unmindful of the unprecedented opposition from political
parties, trader's bodies, farmers association and the public, the Indian
government showed indecent haste and notified the rules to permit foreign retail chains into the
multi-brand retail trade. The notification has evoked strong
condemnation and disapproval from all sections--political parties, traders’
bodies, farmers associations, experts and the public in general. Many believe
that after withdrawal of support by the All India Trinamool Congress, the UPAII
government has been reduced to minority and it is unconstitutional for a
minority government to take such a vital decision to notify riles regarding FDI
in multi-brand retail. Mrs. Mamata
Banerjee, West Bengal Chief Minister, on Friday, September 21, has lambasted
UPA-II for notifying FDI in retail. She wrote
in Facebook as follows: “Is it ethical, moral and democratic for a
minority Government to issue a Government order forcefully and hurriedly, when
massive protests against it are taking place across the country?.... 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,
The Pioneer, Sep 22, 2012.
Hi,
ReplyDeleteThis is gonna shock all of you , out of your pants.
It was decided in the Bilderberg club long ago, to gate crash into Indian economy, by a conspiracy.
If you want to know what this elite club is –
Punch into Google search
THE SHREWD CLUB WITHIN THE NAÏVE BILDERBERG CLUB- VADAKAYIL.
And if you want to know how the Bilderberg bankers control the world using their stooges on the PM’s and Presidents chair—
Punch into Google search
THE MURKY TRUTHS OF INFLATION AND GLOBALISATION- VADAKAYIL
The banking cartel had been given a toe hold in India, by giving away FDI in multi-brand retail and FDI in insurance.
Insurance affects transport costs and trade costs -- it requires perception to understand all this.
We are confusing GDP with economic progress. We are destroying destroy entrepreneurial activity and eating our own children. Fitch , S&P and Moody’s are bouncers for the banking cartel. The economics of Rothschild’s Indian alchemist Manmohan and his gunslinger Montek is VULGAR pseudo science.
The Indian intelligentsia must wake up!
DORKS and desh drohis shall lay off !
Capt ajit vadakayil
..