Home > News > India News

BJP to oppose govt decision on FDI in retail in Parliament

Posted on Nov 14, 04:16PM | UNI

The BJP today made it clear that it will oppose the Congress-led UPA's decision to allow foreign direct investment (FDI) in retail sector in the upcoming Winter Session of Parliament.

'The BJP will strongly oppose the government decision on FDI in multi-brand retail in the forthcoming Winter Session of Parliament,' party chief spokesperson Ravi Shankar Prasad told reporters here.

He said the strategy for the Opposition will be coordinated within the NDA and also with other parties opposed to FDI.

The BJP has opposed FDI in multi-brand retail saying that the government's move was 'anti-farmers and anti-small traders'.

The issue of FDI in retail is all set to hog the limelight in the Winter Session of Parliament which begins on November 22.

Besides, the BJP, other political parties including SP, Left and Trinamool Congress have also been opposing FDI in retail.

Mamata Banerjee's Trinamool Congress, which walked out of the UPA government in September, has already said it would move a no-confidence motion against the government in the Winter Session.

The UPA government now heavily depends on Mulayam Singh Yadav-led Samajwadi Party and Mayawati's Bahujan Samaj Party on the FDI issue.