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Ramvilas Paswan slams BJP for opposing FDI in retail

Posted on Nov 28, 08:35PM | UNI

Rajya Sabha MP and Lok Janshakti Party chief Ramvilas Paswan today slammed the BJP for opposing foreign direct invesment (FDI) in multi-brand retail and said the then BJP-led NDA government had 'supported' FDI in the sector.

"Only the Left parties are seriously opposing FDI in retail.

The BJP is not serious. The then NDA government had supported FDI in retail but now they are opposing it," Mr Paswan told reporters here.

He said the Congress-led UPA government's decision allowing 51 per cent FDI in retail will benefit traders, producers and consumers by removing middlemen and shortening the route to the wholesale markets.

"FDI in retail will not effect small traders as under the provision, big stores will only be opened in the cities which have population more than ten lakh," he added.

Mr Paswan said consumers will get benefit due to competition in the market. He further said the state governments were free to take decision on implementation of FDI in retail.

The LJP chief insisted that the interests of small traders from Dalit and backward community be protected at all levels.

Both the Houses of Parliament have been disrupted on the FDI issue with the BJP and the Left front demanding discussion on the issue followed by voting.

In an effort to break the deadlock, Parliamentary Affairs Minister Kamal Nath today met Leaders of the Opposition in the Lower and Upper Houses Sushma Swaraj and Arun Jaitley.

"The government asked us once again not to press for voting but we insisted on a discussion with voting," Ms Swaraj said after the meeting.