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FDI in retail debate:
FDI in retail debate: Roll back FDI or you will be rolled back, JD(U) warns Government
 INDIA , 5-December-2012  4:0:11 AM
How will Mulayam Singh Yadav vote this evening on the BJP's motion opposing the government's decision to allow 51 per cent foreign direct investment in multi-brand retail? The Samajwadi Party chief argued against the government's policy in the Lok Sabha yesterday and the party says it will either vote FDI in retail or abstain. The government's floor managers hope it will be the latter.

Mr Yadav's brother and senior party colleague Ram Gopal Yadav said this morning that his party's decision on how to vote would only be taken after Commerce Minister Anand Sharma replied to the debate in the Lok Sabha this evening. And, he stressed, "Whatever we will decide, the decision will be the same in both Houses.

That could cause the government some anxious moments; while it is sanguine it has the numbers to defeat the motion in the Lok Sabha, it is in a distinct minority in the Rajya Sabha and needs the active support of the SP and the BSP.

The upper house will begin debating the issue tomorrow and will vote on Friday.

Like the SP, the BSP too has not shown its hand on how it will vote on the FDI issue yet. BSP MP Dara Singh Chauhan in his speech on the Lok Sabha yesterday warned that "people are anxious over the impact this policy can have on their lives. They fear the multi-national companies will take away their livelihoods. The government should not rush with it." BSP chief Mayawati has said that keeping "communal forces" read the BJP, at bay is a priority.

The BJP's Sushma Swaraj, who initiated the debate in the Lok Sabha yesterday, turned to the BSP and Samajwadi Party benches and made a direct appeal saying, "If the government does not take the decision back, then I appeal to my colleagues here, vote with us and defeat FDI. The government will not fall if they lose the vote. Only FDI will go. "

The Lower House is debating FDI in retail today. The JD(U), which is a key constituent of the BJP-led NDA coalition, urged the government to roll back FDI,

From : http://www.ndtv.com  

Posted By : DesiZip.com

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