JOIN USRJD chief Lalu Prasad Yadav on Wednesday charged that the Opposition was misleading the people on the UPA government’s move to allow FDI in retail sector by trying to build “unfounded fear” about multinational companies ahead of next general elections.
“I oppose the motion moved against the FDI in retail by BJP BJP leader Sushma Swaraj as they are trying to mislead people keeping 2014 elections in mind,” he said opening his speech on FDI debate in the Lok Sabha.
Referring Gujarat Chief Minister Narendra Modi, he said that “their next PM wants to bring Japanese companies here” but the BJP is against the FDI in multi-brand retail.
He said that the BJP is repenting that they could not bring the foreign investment in retail sector while UPA has done it.
Prasad, whose party voted with the government, said: “Unfounded fear is being created by RSS and BJP that a scenario similar to the one created by East India Company’s dominance over India will emerge if retail giants like Walmart set up shop here.”