New Delhi: Finance Minister P Chidambaram said on Thursday's nation-wide strike has caused a huge damage to the Indian economy and the common people.
"In a democracy you have the right to protest against the government's policies. But it's rather ironic that the form of protests you are doing will cause great economic losses," Chidambaram told reporters here, referring to the strike supported by a broad spectrum of political parties.
Chidambaram said the common people, especially daily wage earners, were hit hard by the strike and the opposition to the economic policies should not take such a form that hits the economic activities.
"Wage earners can't earn their wages...in some factories wages have to be paid but there is no production," the finance minister said.
In a rare show of unity, leaders of the Communist parties and the Bharatiya Janata Party (BJP) came together to denounce the government's decision to hike diesel prices and allow foreign direct investments (FDI) in multi-brand retail trade.
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Refusal to work or perform
Strike action, also known as a walkout, a work stoppage caused by the mass refusal of employees to perform work
Culture strike, refusal of artists or art institutions (arts organizations, festivals etc.) to respecti ...
The economy of India is the twelfth largest economy in the world by market exchange rates and the fourth largest by purchasing power parity (PPP) basis.
India was under socialist-based policies for an entire generation from the 1947 until 199 ...











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