BJP slams UPA for relaxing FDI norms

Last Updated: Saturday, August 3, 2013 - 22:03

New Delhi: BJP leader Murli Manohar Joshi Saturday said the UPA government was working under the pressure of invisible forces which was forcing it to turn to foreign investment in every sector.

"The government should come out openly about what happened that led it to run helplessly towards foreign investment in every sector," he said, reacting to the government easing norms for FDI in the retail sector.

Joshi said that such a mindset corroborated with related activities amply reflects that the government has lost its control over the economy, which is now being driven by invisible forces.

"It is astonishing that when only a couple of days were left for beginning of the parliament session, what prompted the government to take a hurried decision on such an important issue that has vital bearing on the livelihood of crores of people in the country," Joshi said, according to a release by the Confederation of All India Traders.

"Heaven would not have fallen if the government would have waited for a few more days," he added.

India relaxed sourcing and investment rules for the retail sector Thursday in a renewed attempt to attract foreign supermarket chains.


First Published: Saturday, August 3, 2013 - 22:03

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