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Business News/ Politics / Policy/  Retail FDI: BJP slams PM’s remarks
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Retail FDI: BJP slams PM’s remarks

Manmohan Singh has said those who oppose foreign direct investment in retail are ‘ignorant’

BJP leader M.Venkaiah Naidu said the Congress-led government in Kerala opposed FDI and the NCP said it would take a decision on implementing FDI in Maharashtra after consultation. Photo: HT (HT )Premium
BJP leader M.Venkaiah Naidu said the Congress-led government in Kerala opposed FDI and the NCP said it would take a decision on implementing FDI in Maharashtra after consultation. Photo: HT

(HT )

Chennai: Bharatiya Janata Party (BJP) on Sunday criticized Prime Minister Manmohan Singh’s remarks that those who oppose foreign direct investment (FDI) in retail are ‘ignorant’, saying it is not the Opposition which is ignorant, but the United Progressive Alliance (UPA) government and the Congress party.

Addressing a press conference, senior BJP leader M. Venkaiah Naidu said the Congress-led government in Kerala opposed FDI and the Nationalist Congress Party (NCP), which is a partner of UPA coalition, said it will take a decision on implementing FDI in Maharashtra after consultation.

Dravida Munnettra Kazhagam (DMK), an ally of the UPA, had supported the Bharat bandh against FDI and described it as “foreign direct invasion", he said.

While the Samajwadi Party described FDI in retail as ‘an invitation to another East India Company’ saying it would not be implemented in Uttar Pradesh, another UPA ally, Bahujan Samaj Party (BSP) not only demanded suspension of FDI but also a “complete rollback".

“Do you mean to say that your government in Kerala, your allies and supporting parties are ignorant, Mr Prime Minister? Who are ignorant and who will be ignored by the people will be known when people get an opportunity," Naidu said.

Addressing the annual general meeting of Federation of Indian Chambers of Commerce and Industry on Saturday, Prime Minister Manmohan Singh hit out at opponents, saying they were ‘ignorant’ about global realities or were constrained by ‘outdated ideologies’.

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Published: 16 Dec 2012, 07:58 PM IST
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