CPI to back any anti-FDI resolution

Trying to consolidate its position as the main opposition to FDI in retail sector, the CPI asserted that it will support any anti-FDI resolution in Parliament.

“The CPI will support all moves to disapprove the economic measures announced by the government recently, particularly to allow FDI in retail, insurance and pensions, in the coming session of Parliament,” CPI General Secretary S Sudhakar Reddy told reporters after a meeting of the party’s National Executive.

“There should be a resolution (against FDI) moved by opposition parties. A majority of the Members of Parliament are opposed to FDI. So if any such resolution is moved, the CPI will support it,” he said.

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