This Article is From Sep 19, 2012

Government has no mandate to proceed with FDI in multi-brand retail, says Prakash Karat: Highlights

New Delhi: CPM General Secretary Prakash Karat has slammed the UPA government for going ahead with their decision to implement FDI in retail without taking the mandate of the Parliament.

Here are the highlights from Mr Karat press conference:

  • All the parties in Parliament had suspended the decision and asked to go for a political consensus on FDI. There is no change there. In fact, within the UPA, some major allies have opposed the decision.
  • That means today majority in Parliament are against multi-brand retail in FDI. Therefore, the government has no right or mandate to proceed with FDI in multi-brand retail.
  • In spite of everything, the Prime Minister has gone ahead with the announcement which is true to his character.
  • Commitments made to the US stand ahead of the interests of the people of the country.
  • The government should not go ahead with FDI in multi-brand retail, increase in diesel prices or cap on subsidised gas cylinders.
  • Mr Chidambaram is more eager to sell off the shares in the most profitable PSUs.
  • We're going to intensify the movement against FDI in retail and all the anti-people measures taken by the government.
  • Tomorrow, the opposition parties will observe nation-wide bandh. We appeal to all those who will protest tomorrow to support the strike.

.