<p>The party also extended its full support to an all-India strike called by trade and social organisation on December 1 in protest against the decision to allow FDI in retail sector.</p>.<p>In a statement issued here, BJP President Nitin Gadkari said "BJP-ruled states are not bound to follow the government's new norms on allowing Foreign Direct Investment (FDI) in multi-brand retail trading and ease norms in single-brand retail."<br /><br />The party has vehemently opposed the government's decision to allow 51 per cent FDI in multi-brand retail, alleging this would adversely impact the small and family-run retail businesses across the country. This group has been traditionally seen as backing BJP.<br /><br />"India would lose both manufacturing and services sector jobs with the entry of global retail behemoths into the supermarket sector," Gadkari said.<br /><br />He said "my party is extending wholehearted and unequivocal support to the call for a Bharat Bandh on December 1, 2011, given by various traders associations and social organizations across the country against the government's anti-people decision," Gadkari said.</p>.<p>He charged the decision would adversely impact the retail sector and put the nation's entire food chain system into the hands of foreign firms.<br /><br />Gadkari termed the government decision as a "lopsided move (taken) without consulting even its UPA allies" and alleged it is against the interests of the country's millions of traders and farmers.<br /><br />The all-India strike against FDI in retail has been called by organisations, including Confederation of Traders Association, Udyog Vyapar Mandal, Swadeshi Jagran Manch and Bharatiya Mazdoor Sangh.<br /><br />"My party would oppose the government's decision tooth and nail and would urge other opposition parties and UPA allies to join the bandh organized by various traders' organizations," Gadkari said.<br /><br />He announced BJP will stand by the large section of small and tiny retailers and farmers across the country and oppose government's effort both inside and outside parliament.<br /><br />The Indian economy is dominated by the services sector with 58 percent of India's GDP coming from it.<br /><br />"The retail chains in India, both small and big, account for a major segment of the services sector. Self-employment in India is the single largest source of jobs. An overwhelming section of India's population is self-employed," Gadkari said.<br /><br />Foreign firms "with deep pockets entering this segment will have an adverse impact on our domestic retail sector, which is growing", he added.</p>
<p>The party also extended its full support to an all-India strike called by trade and social organisation on December 1 in protest against the decision to allow FDI in retail sector.</p>.<p>In a statement issued here, BJP President Nitin Gadkari said "BJP-ruled states are not bound to follow the government's new norms on allowing Foreign Direct Investment (FDI) in multi-brand retail trading and ease norms in single-brand retail."<br /><br />The party has vehemently opposed the government's decision to allow 51 per cent FDI in multi-brand retail, alleging this would adversely impact the small and family-run retail businesses across the country. This group has been traditionally seen as backing BJP.<br /><br />"India would lose both manufacturing and services sector jobs with the entry of global retail behemoths into the supermarket sector," Gadkari said.<br /><br />He said "my party is extending wholehearted and unequivocal support to the call for a Bharat Bandh on December 1, 2011, given by various traders associations and social organizations across the country against the government's anti-people decision," Gadkari said.</p>.<p>He charged the decision would adversely impact the retail sector and put the nation's entire food chain system into the hands of foreign firms.<br /><br />Gadkari termed the government decision as a "lopsided move (taken) without consulting even its UPA allies" and alleged it is against the interests of the country's millions of traders and farmers.<br /><br />The all-India strike against FDI in retail has been called by organisations, including Confederation of Traders Association, Udyog Vyapar Mandal, Swadeshi Jagran Manch and Bharatiya Mazdoor Sangh.<br /><br />"My party would oppose the government's decision tooth and nail and would urge other opposition parties and UPA allies to join the bandh organized by various traders' organizations," Gadkari said.<br /><br />He announced BJP will stand by the large section of small and tiny retailers and farmers across the country and oppose government's effort both inside and outside parliament.<br /><br />The Indian economy is dominated by the services sector with 58 percent of India's GDP coming from it.<br /><br />"The retail chains in India, both small and big, account for a major segment of the services sector. Self-employment in India is the single largest source of jobs. An overwhelming section of India's population is self-employed," Gadkari said.<br /><br />Foreign firms "with deep pockets entering this segment will have an adverse impact on our domestic retail sector, which is growing", he added.</p>