Press Esc to close
Sunday 19 April 2015
News updated at 6:04 PM IST
Weather
Max: 33.4°C
Min : 21.6°C
In Bengaluru
Sunny day

Sibal tries to convince allies but in vain

New Delhi, Dec 4, 2012, DHNS:

The Congress was left to weather the storm on the day one of the debate on FDI in retail at Lok Sabha, where its allies DMK, BSP and SP openly voiced their opposition to the controversial policy.

Speaking for 51 per cent FDI in retail in Lok Sabha, Congress MP and telecom minister Kapil Sibal questioned the BJP, TMC and Left’s objections by stating that the policy will be implemented in 18 out of 53 districts having 10 lakh or more population owing to many states opposing it.

While the DMK has indicated that they would vote with the government, SP and BSP maintained silence whether they would abstain or vote for the FDI decision when the debate concludes on Wednesday.

Sibal also said that 30 per cent will be sources for micro, small, medium enterprises (MSME) locally giving a fillip to the manufacturing sector.  Countering leader of the opposition Sushma Swaraj’s arguments that that superstores like Walmart, Tesco and Carrefour would swallow local mom and pop stores, Sibal said despite China giving 100 per cent FDI in retail in 1992 in their six provinces and special economic zones, Walmart struggled to make profit till 2008.

He read out an NDA GoM note, BJP’s 2004 manifesto, and their popular Shining India campaign to point out that the opposition party was committed to opening up of the retail sector but backed out after losing to the UPA.   

Ridiculing Swaraj for saying that the Adhati (wholesale procurer) system, which favoured farmers during crises, would vanish in the new scenario, the minister said: “So you decide whether you are with farmers or middlemen”. 

Despite deciding to support the government, the DMK issued the caveat that the FDI in retail would harm large number of traders across the country.  “I am not telling this as an opponent, but telling this as your brother. I don’t want to put you (UPA government) for a whole-body scan as an opposition, but it (FDI in retail) is definitely not in interest of the trading community,” DMK leader T K S Elangovan said. “The poor people are anxious over the impact this policy can have on their lives. They fear the multi-national companies will take away their livelihoods. The government should not rush with it,” Bahujan Samaj Party leader Dara Singh Chauhan said.

He, however, added that his party will let its final position known when voting takes place on Wednesday.


Go to Top

Photo Gallery
Guru Sai Dutt of PSPB and Neha Pandit of Airport Athority Of India won the men and women title...

Guru Sai Dutt of PSPB and Neha Pandit of Airport Athority Of India won the men and women title...

Tibetan Spiritual Leader Dalai lama and Archbishop and Nobel Laureate Desmond Tutu...

Tibetan Spiritual Leader Dalai lama and Archbishop and Nobel Laureate Desmond Tutu...

Nuns of Missionaries of Charity wait in a queue to cast their vote infront of a polling centre...

Nuns of Missionaries of Charity wait in a queue to cast their vote infront of a polling centre...

A langur eats potatoes being sold by a roadside vendor in Ahmadabad...

A langur eats potatoes being sold by a roadside vendor in Ahmadabad...

Leopard seen in new glass enclosure at Sri Chamarajendra Zoological Garden in Mysuru...

Leopard seen in new glass enclosure at Sri Chamarajendra Zoological Garden in Mysuru...

KSRTC buses standstill due to the 'bundh' called by the Kannada Okkuta...

KSRTC buses standstill due to the 'bundh' called by the Kannada Okkuta...

Karanaji Lake in Mysuru...

Karanaji Lake in Mysuru...

A little boy of a migratory family walks freely at BMTC bus stand...

A little boy of a migratory family walks freely at BMTC bus stand...

.A tourist drinks water on the roadside during a visit to Jantar Mantar...

.A tourist drinks water on the roadside during a visit to Jantar Mantar...

Various kinds of articles attracting the viewers exhibited during Rajasthani Mela...

Various kinds of articles attracting the viewers exhibited during Rajasthani Mela...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523