Leader of Opposition Sushma Sawraj has said that FDI is not suitable under the economic, social and commercial conditions of India. She was addressing on the occasion of a conference to protest against FDI in retail sector as NDMC Convention center.
Swaraj said that during the NDA rule many foreign powers had pressurized for allowing FDI. But in view of the social and economic conditions we did not allow 51 percent investment under FDI.
The present surveys also are not in favour of FDI. BJP had strongly opposed FDI in its election manifesto and it will continue in future also.
On this occasion, BJP Delhi Pradesh President Vijender Gupta gave detailed information about the evil consequences of FDI. He told that the Government is suppressing the reality about FDI and misleading the people. 90 percent of indigenous industry, small-scale industry will be finished if FDI is allowed.
Crores of people shall be rendered unemployed. Government of India should know that Wall Mart has not been allowed to open show room in USA’s New York City. Traditional trade in three countries of Europe has been ruined after the Wall Mart Carfur, Tesco, Metro etc. multinational companies opened their showrooms.
National President of Udyog Vyapar Mandal Shyam Bihari Mishra told that the Government is misleading the traders and the people of the country. Many states in India have opposed FDI. Many Chief Ministers have openly refused to implement FDI.
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