Attacking the government for its "hurried" decision in allowing Foreign Direct Investment (FDI) in multi-brand retail, the Bharatiya Janata Party (BJP) today alleged that despite strong objections from the Opposition, FDI has been given the go-ahead, adding that it has been done under pressure from foreign elements and will affect the livelihood of Indians in retail trade.
"BJP strongly condemns this hurried decision forcing FDI in multi-brand retail in India. Inspite of serious opposition from within Congress, its allies and nearly the entire Opposition led by BJP, the government has seriously jeopardised the life, livelihood and employment of five crore people involved in retail trade in the country," BJP Chief Spokesperson Ravi Shankar Prasad said.
The main opposition party alleged that the move was made under the pressure of "foreign elements" and would not bring any concrete return benefits to India.
"Outsourcing from India remains a very contentious issue in America and Europe. The Manmohan Singh government has not been able to extract any firm commitment for India and yet has opened the floodgates to FDI in retail, which will be disastrous for the country," Mr Prasad said.
The right-wing party also maintained that the government had assured both Houses of Parliament that a decision on this issue would be taken only after wide consultations and after all stakeholders were on board.
"So, this hurried decision is almost a breach of privilege as well," Mr Prasad said.
The party, however, declined comment on the decision allowing FDI in civil aviation.