FDI: Chouhan, Hooda take stand on party lines
New Delhi: Madhya Pradesh Chief Minister Shivraj Singh Chauhan on Friday said he would prefer to develop his state without allowing FDI in multi-brand retail, while his Haryana counterpart Bhupinder Singh Hooda termed the move as a "win-win situation".
The two chief ministers, who took stands in line with their parties BJP and Congress, sparred over the contentious issue at a panel discussion organised by a TV news channel.
"I would like to remind in 2007 that UPA chairperson Sonia Gandhi had written a letter to Prime Minister Manmohan Singh opposing FDI. The Parliamentary committee, which has members from all parties including Congress, had opposed FDI. Even today in the Parliament, the government won somehow, but most of the parties have criticised this decision," Chauhan said.
In Madhya Pradesh nearly one crore people earn their livelihood through retail and they could be affected by this decision, he said.
Hooda countered Chouhan saying BJP itself had brought FDI in many sectors like telecommunication and others.
"They are opposing it today because of political reason and not due to economic reason," Hooda said. He added that by allowing FDI, farmers and consumers would stand to benefit. "It is a win-win situation for all except hoarders," Hooda said, adding that countries like China and Indonesia had allowed hundred percent FDI.
Chauhan, however, questioned Hooda`s logic saying that if farmers benefited from FDI, then why was it that American and European farmers were so dependent on subsidies offered by their governments.
Madhya Pradesh is capable of developing without FDI in retail, he said. Hooda, in his response, said the decision to allow FDI would be successfully implemented in Haryana.
More from India
More from World
More from Sports
More from Entertaiment
- Over 60 cadets killed in Pakistan police academy attack
- DNA: Exclusive report on the extreme sacrifices made by ITBP soldiers
- Watch: PM Narendra Modi's ''progressive'' remark on triple talaq
- Panel discussion over delayed development in Ayodhya
- DNA: Terrorists' new strategy of snatching weapons from Indian security personnel
- Explosion in Delhi's Naya Bazar, one killed; anti-terror wing, Special cell at spot
- This is why Cyrus Mistry was removed as Chairman of Tata Sons!
- WATCH: Akhilesh Yadav's emotional speech revealing the real reason behind Samajwadi Party crisis; he was about to cry
- Read letters by Ratan Tata to PM Narendra Modi and Group employees after Cyrus Mistry's ouster
- Prompt action on border pushes Pak to offer olive branch, says both sides need to 'formalise' 2003 ceasefire