Politics news

Left slams govt for FDI in retail, aviation

CNN-IBN | Updated Sep 14, 2012 at 06:22pm IST

New Delhi: In a scathing attack for allowing FDI in aviation and multi-brand retail, the Left on Friday said that Prime Minister Manmohan Singh is responsible for the decline in the economy.

“Politically Congress is going down. The government under Manmohan Singh is responsible for decline in the economy,” Left leader Gurudas Dasgupta said.

“The move to bring FDI in retail will create further crisis in the country. FDI in retail will not stimulate the economy, instead it will have adverse affect on small traders," he said.

Left slams govt for FDI in retail, aviation

The Left on Friday said that Prime Minister Manmohan Singh is responsible for the decline in the economy.

The Cabinet Committee of Economic Affairs (CCEA) on Thursday accepted 51 per cent foreign direct investment (FDI) in multi-brand retail.

CPI leader D Raja said, "We strongly oppose this move. This move is anti-national and disastrous."

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Politicians

Gurudas Dasgupta

Posted on May 25, 2013 at 05:56AM IST
Gurudas Dasgupta (borm 1936) is a Communist Party of India politician, from the Panskura in West Bengal. He is General Secretary of All India Trade Union Congress (AITUC). ...

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Manmohan Singh

Posted on May 26, 2013 at 03:07AM IST
Manmohan Singh is the 13th and current Prime Minister of India. He is the only Prime Minister since Jawaharlal Nehru to return to power after completing a full five-year term. He is the first Sikh to hold the office. Singh is also the 7th Pri ...

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