STOCK MARKET BSE NSE

BJP to oppose government on FDI in retail in Parliament

Refusing to give up on the FDI in multi-brand retail issue which could affect its core vote bank of small traders, BJP today said it will oppose the government decision in Parliament and try to build a joint strategy with NDA partners and other political parties.

Published: 14th November 2012 02:40 PM  |   Last Updated: 14th November 2012 03:23 PM   |  A+A-

Ravi-Shankar-Prasad1_PTI
By PTI

Refusing to give up on the FDI in multi-brand retail issue which could affect its core vote bank of small traders, BJP today said it will oppose the government decision in Parliament and try to build a joint strategy with NDA partners and other political parties.

"BJP will strongly oppose the government decision on FDI in multi-brand retail in the forthcoming winter session of Parliament. This decision is not in the interest of the country," party chief spokesperson Ravi Shankar Prasad said.

He announced that BJP will discuss its strategy with other NDA partners and also get in touch with political parties which have reservations on the issue.

The NDA allies are likely to hold a meeting on November 21, a day before the winter session begins.

"We would like to put the government on the mat on this issue. In November 2011, the then Finance Minister had announced in the Lok Sabha that a decision on FDI in multi-brand retail will be taken only after consulting all concerned sections. A similar statement was made by the then Commerce Minister in the Rajya Sabha," Prasad said.

BJP charged that this promise has been violated by the government as it has taken the decision unilaterally.

But the principal Opposition is not yet clear to what extent it will go against the government in Parliament.

Though the opposition claims to have support of majority of MPs in both Houses on the issue, the NDA is unlikely to press for a vote on the issue.

Asked if BJP and NDA would rally behind Mamata Banerjee's TMC in case it seeks division of votes to embarrass the government, the party said it will decide its future course of action in the NDA meeting.

The Left parties are also opposed to the decision.

But the Opposition designs may be thwarted by the Chair in both Houses if it denies permission for a motion on the issue. Government has the right to bring FDI in multi-brand retail through an executive decision.

A discussion without voting is, however, possible.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp