‘UPA bowed to US pressure in allowing FDI’

Supporting the `bandh` called by small and medium traders in protest against the Centre`s decision to allow FDI in retail, BJP on Thursday accused the UPA government of "bowing" to the US pressure.

Updated: Dec 01, 2011, 15:46 PM IST

Mumbai: Supporting the `bandh` called by
small and medium traders in protest against the Centre`s
decision to allow FDI in retail, BJP on Thursday accused the UPA
government of "bowing" to the US pressure.

"We are supporting the bandh. The decision taken by
the government is dangerous to the retail. Government has
bowed to the pressure from US," Mumbai BJP spokesperson Madhav
Bhandari told.

Expressing apprehensions that the entry of big
retailers like Walmart would adversely affect the small
retailers in the country, he said UPA government lacked
transparency.

About 35 lakh small and medium traders from across
Maharashtra have downed shutters today in protest against
the FDI policy.

PTI