New Delhi: Bharatiya Janata Party (BJP) leader and member of Parliament (MP) Murli Manohar Joshi said his party will withdraw the notification allowing foreign direct investment (FDI) in retail if voted in 2014.
The BJP-led National Democratic Alliance (NDA) and Left parties are planning to jointly address a rally in the national Capital on 7 March opposing FDI in retail.
“This is the second fight after independence and we will take it to the village level,” Joshi said in a press conference.
The BJP and Left parties are against allowing FDI in retail fearing small retailers will be affected by the entry of large, multinational store chains.
The NDA will appeal to political parties to support a motion against FDI in the Rajya Sabha, Joshi said. The motion brought by the BJP against FDI in the Lok Sabha was defeated.
NDA convenor Sharad Yadav, a leader of the Janata Dal (United) party, and Communist Party of India leader A.B. Bardhan also addressed reporters.
Bardhan said while opponents of FDI in retail may have lost the battle in the Lok Sabha the fight against FDI will continue in the country.