'Foreign powers' pressure escalating on economy'

Rastriya Swabhiman Andolan founder K N Govindacharya on Sunday said the escalating pressure of foreign powers was giving a strain on the country's economy.

Last Updated: Jul 22, 2012, 21:42 PM IST

Patna: Rastriya Swabhiman Andolan founder K N Govindacharya on Sunday said the escalating pressure of foreign powers was giving a strain on the country's economy.

Pressure of FDI in retail from US was a burning example, he said adding US President's recent sermon to India for building up conducive atmosphere in FDI and Prime Minister Manmohan Singh's response manifested example of pressure from foreign power.

Govindacharya claimed Hillary Clinton had once been associated with the Wallmart company and her recent visit was to mount pressure for allowing entry of Wallmart to India.

He suggested that the Centre should strongly object to these designs.

PTI