‘If we could stop FDI in retail, why can`t TMC’
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‘If we could stop FDI in retail, why can't TMC’

Last Updated: Thursday, December 01, 2011, 21:29
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New Delhi: With UPA constituents opposing the government decision to open up retail sector to FDI, CPI(M) on Thursday asked why Trinamool Congress could not stop the move when the Left parties had prevented UPA-I from taking such a decision while being an outside supporter.

"FDI in retail was announced by the UPA-I government in its first budget in 2004. Why was this decision (to allow FDI in retail) not taken by UPA-I? That government could not give a go-ahead," CPI(M) leader Sitaram Yechury told reporters here.

"We were outside supporters and had pressurised the government not to undertake this measure. But Trinamool Congress is inside the government. If we could stop it, they should explain how a member of the Union Cabinet is not able to do so. That itself speaks volumes of what they say outside and what they do inside," he said.

Yechury also alleged that the government committed "gross impropriety" by deciding to open up retail sector to foreign investment when Parliament was in session.

He quoted two instances in which the then Lok Sabha Speakers had ruled that decisions or announcements outside Parliament when it was in session amounted to "impropreity".

"It is noteworthy that in the past, it was the Congress that seriously objected to the government announcing policy decisions when the parliament was in session," he said.

In 1989, the current Home Minister, P Chidambaram, had moved a privilege motion against then Prime Minister V P Singh for announcing a decision to establish a paramilitary force called National Rifles when Parliament was in session.

Though the privilege motion was not admitted, then Speaker Rabi Rai had ruled that the government decision was a breach of propriety, Yechury said.

Again in 1999, Congress MP Santosh Mohan Deb moved a similar motion against then Prime Minister Atal Behari Vajpayee, who announced the resignation of some cabinet ministers outside the House when it was in session.

The then Speaker, GMC Balayogi, had also given a similar ruling, Yechury said.

Attacking the government for taking a major policy decision when Parliament was in session, he said it was "completely contrary" to the spirit of parliamentary democracy and the constitutional scheme of things and the Congress had grossly violated this spirit.

He said instead of taking Parliament into confidence, the Prime Minister chose to speak at a Youth Congress function to justify the government's decision.

"Clearly, this decision smacks of a commitment made by Prime Minister Mahmohan Singh to US President Barack Obama whom he recently met at Bali.

"Given the serious global economic crisis and double dip recession, international finance capital is looking for new avenues for its profits. The Indian retail market is a very lucrative option for it. This decision will only permit profit-maximisation for international capital at the expense of the Indian people and Indian economy," Yechury said.

Senior CPI(M) leader Basudeb Acharia also asked why the Prime Minister had "taken this as a prestige issue that the government's credibility will be lost if the majority demands a rollback of the FDI decision."

PTI

First Published: Thursday, December 01, 2011, 21:29

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