"The BJP is opposed to FDI in multi-brand retail. It is not in the interest of farmers and diminutive retailers," BJP's chief presenter, Ravi Shankar Prasad, said at a meeting of the party's national exclusive, accumulation, "When we come to power, the consequences will follow."
ask if BJP would undo the government's decision or scale down the cap, Prasad said, "Wait for our manifesto...51% or no per cent."
business and hard work Minister Anand Sharma reacted sharply at a late sundown presser, threatening the main unfriendliness that no government could illogically reverse such decisions without inviting legal corollary "They cannot legally reverse a resolution We have signed bilateral investment shelter pacts with a large number of countries which will all get invoked," Sharma said, "I am dismayed at what they are trying to do. They want to confuse and scare away investors."
The minister also said, "Those who will come and invest in India will be doing so in comeback to present policy of the Republic of India. Policymaking is the prerogative of the elected government of the day. investor will come behind suitable FIPB scrutiny."
Sharma's clarification came just hours after BJP for the first time drop a lane hint that it may review Congress-led UPA's major policy initiative it has been opposing strongly.
Retailers Stay Mum
BJP has, however, maintain all along that it would not allow global supermarket in states where it was in power. The minister recalled that the Opposition party had supported FDI in the sector when it was in administration "The BJP-led NDA administration had prepared a Cabinet note allowing FDI in multi-brand name retail when it was in power. They are charming in the worst kind of doublespeak and double values," Sharma said. Prasad, however, said BJP may not stick to its earlier undertake of 26% FDI in the sector. "That was 2004. It is eight years old," he said.
Retailers refused to be drawn into the spat. "I have not heard or read the statement, so I am unable to make any comment," said Bharti Walmart MD and CEO Raj Jain.
Future Group CEO Kishore Biyani refused to comment on politics.
Earlier, the BJP spokesman also rejected claims that there were difference within NDA on the issue. Prasad claimed that BJP and Akali Dal, which was reportedly in favour of FDI in multi-brand retail, were on the same page on the issue. He said he had met Punjab's Deputy Chief Minister, Sukhbir Singh Badal, and that the two parties were one on the issue.
Badal had said Akali Dal was opposed to the way the upheaval had been bring in. He said he had printed to the border line cordial the judgment on FDI but added that the management should have occupied the stockholders into assurance. The prime minister should not usher in reforms just because Walmart wants it, he said.
However, BJP claimed that Akali Dal had only said the issue should be discussed with farmers.
Sharma, on his part, branded Akali Dal's latest statements as political posturing and said he had both written and spoken to Badal. "Even two days before the Cabinet was to take a decision, I spoke to Mr Badal," he said. At BJP's meet, party president Nitin Gadkari also asked party cadres to get ready for the polls.
"The fatherland is on the perimeter of show a discrepancy. election container spin away from home any moment," he unambiguous. narration UPA as a sinking distribute, he said, "People are disheartened. The aam aadmi (average citizen) is reeling over the force of outlay enhance, changed outline, arrogance and vulgar lack of awareness."
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