We will protect shopkeepers against FDI: Karat
January 20th, 2012 - 10:26 pm ICT by IANS
Kolkata, Jan 20 (IANS) Denouncing moves to let 100 percent FDI in single-brand retail, the Communist Party of India-Marxist (CPI-M) Friday vowed to mobilise support to protect lakhs of shopkeepers.
“While the United Progressive Alliance government suspended its policy of allowing 51 percent FDI in multi-brand retail, it increased FDI in single brand retail trade to 100 percent.
“It’s a backdoor effort to bring FDI in multi-brand retail trade,” CPI-M general secretary Prakash Karat said here.
He also pointed out that Prime Minister Manmohan Singh had also announced that the government will wait for the election in five states and again reintroduce the multi-brand FDI policy.
“We want to mobilise the public to stop the govternment from implementing this for multi-trade retail. We will continue to organise the people,” he added.
- Finance ministry okays FDI in multi-brand retail - Nov 17, 2011
- Tripura government opposes FDI in retail - Nov 30, 2011
- Government to talk to states on FDI in multi-brand retail - Oct 27, 2010
- Opposition insists on FDI rollback ahead of all-party meet (Roundup) - Dec 06, 2011
- 'Efforts on to allow FDI in multi-brand retail' - Mar 16, 2012
- Chhattisgarh shuts down against FDI in retail - Dec 01, 2011
- Uproar in Rajya Sabha over FDI decision, house adjourned - Nov 25, 2011
- Ally Trinamool joins BJP, Left in opposing FDI in retail - Nov 24, 2011
- Drop nuclear liability bill, CPI-M tells government - Jul 23, 2010
- Strike against FDI in retail affects life in Tripura - Dec 01, 2011
- Recall of retail FDI regressive, disappointing: India Inc (Roundup) - Dec 07, 2011
- Government looking at FDI in multi-brand retail: Sharma - Apr 27, 2010
- Amit Mitra shifts stand on FDI in retail - Nov 28, 2011
- Shopkeepers protest but shoppers don't mind foreign retailers (Afternoon Lead) - Dec 01, 2011
- FDI in multi-brand retail will help curb inflation: Basu - May 27, 2011
Tags: alliance government, communist party of india, communist party of india marxist, CPI, general secretary, lakhs, manmohan, manmohan singh, prakash karat, prime minister manmohan, prime minister manmohan singh, progressive alliance, retail trade