Home > News > More News

CPI to continue fight against FDI in retail

Posted on Dec 08, 07:28PM | UNI

The Communist Party of India today said the Left front will continue its fight against foreign direct investment (FDI) in multi-brand retail sector.

The CPI said it would mobilise people and 'expose' the Congress-led UPA government.

"CPI appeals to retail traders and the people to continue the battle against FDI and other anti-people policies of the government," the party said in a statement.

"The CPI condemns the manipulations of the UPA-II to get the FDI in multi-brand retail trade through arrangement, inside both the Houses of Parliament, though the majority parties representing majority of the Members of Parliament opposed it," the Left party added.

It said the walk-out of the SP in the Lok Sabha and the Rajya Sabha, and the support extended by the BSP in the Rajya Sabha, helped the government to get necessary support, though both these parties spoke against FDI.

The CPI said this attitude reflects the 'half-hearted opposition', coupled with 'opportunist attitude' damage the credibility of these parties.

"It disappointed the people. The absence of three MPs of the TDP and a few others at the time of crucial vote is another disappointment. Political parties are expected to be more responsible and accountable to the people," the CPI stated.

It further said though technically the Congress has got majority, it was "a moral and political defeat" for the government.

"The same party refuses women' reservation, Telangana statehood in the name of consensus, but carry on FDI in retail trade inspite of majority opposition of MPs and the people, only to satisfy MNCs like the Walmart and the US," the Left party added.