Congress, CPI(M) flay Modi government's decision on FDI | WeForNews | Latest News, Blogs Congress, CPI(M) flay Modi government’s decision on FDI – WeForNews | Latest News, Blogs
Connect with us

Politics

Congress, CPI(M) flay Modi government’s decision on FDI

Published

on

New Delhi, June 20 : The Congress and the CPI(M) on Monday criticised the Narendra Modi government’s decision to relax its foreign equity norms further, notably in defence, aviation, pharmaceuticals and retailing sectors, saying it was a “panic reaction and won’t solve the basic problem”.

Interestingly, the BJP’s labour wing — Bharatiya Mazdoor Sangh — also opposed the decision and said that defence and aviation need not be opened for Foreign Direct Investment (FDI).

“Today’s (Monday) announcement on the FDI is a panic reaction. It is a reaction to show to the world that it’s business as usual even as (RBI Governor) Raghuram Rajan has announced his exit (on the completion of his term in September),” senior Congress leader Jairam Ramesh told the media here.

“This government and the Bharatiya Janata Party has always opposed the FDI. It is ironical that the BJP is today claiming FDI to be the answer to all of India’s economic problems. Domestic investment is far more important than the FDI and we are not going to be able to solve India’s problems with FDI,” he added.

Communist Party of India-Marxist general secretary Sitaram Yechury said at a press conference here that the government’s decision to allow more FDI in certain areas will not solve the country’s economic problem.

“At a time when the Indian capital is flowing out at a rate which is greater than the inflow of capital in India, the government is trying to tide over it by allowing more FDI. But that is not going to solve the basic problem,” he said.

The Left leader said that the government’s decision to allow increased FDI in defence was surprising.

“Very few governments across the world allow FDI in defence as it may impact national security,” Yechury added.

The Bharatiya Mazdoor Sangh too expressed apprehensions, saying it was not for FDI in areas such as defence and aviation.

It said the FDI was not doing any good to the country’s economy.

India

Wrong to prevent farmers from holding peaceful demonstrations: Kejriwal

Thousands of farmers have been marching to Delhi from Punjab and Haryana protesting against the laws that liberalise the agriculture sector

Published

on

Farmers Protest

Delhi chief minister Arvind Kejriwal on Thursday showed his support to the farmers who are protesting against the three farm laws passed in the Parliament in September, and said that they should be allowed to stage a peaceful protest.

“The three farm bills of the central government are anti-farmer. Instead of rolling back these bills, farmers are being stopped from staging peaceful protests. Water cannons are being used against them. This is injustice to the farmers. Peaceful protest is their constitutional right,” said Kejriwal in a tweet on Thursday.

The Aam Aadmi Party (AAP) had voted against the Bills in both Lok Sabha (where it has one MP) and Rajya Sabha (where it has three MPs).

Thousands of farmers have been marching to Delhi from Punjab and Haryana protesting against the laws that liberalise the agriculture sector. While some groups were stopped in Haryana on Wednesday and water cannons used against them, several others continue to approach Delhi to stage a protest. The Delhi Police has issued a notice prohibiting any gathering in the Capital, citing Covid-19 regulations and the Delhi Metro has temporarily closed operation on certain routes.

The three laws that have led to widespread protests are the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act and Essential Commodities (Amendment) Act.

Continue Reading

Politics

I have lost a comrade, colleague and friend: Sonia on Ahmed Patel’s death

Congress has lost one of its greatest son. I am at loss of words at his death. May his soul rest in peace. May god give strength to his family to cope up with this terrible loss.”

Published

on

Sonia Gandhi

New Delhi: Sonia Gandhi on Wednesday while condoling the death of Ahmed Patel said she has lost a dedicated Congress colleague.

“In Sh. Ahmed Patel, I have lost a colleague, whose entire life was dedicated to the Congress Party.” she said

She said, “His faithfulness and dedication, his commitment to his duty, his always being there to help, his generosity were rare qualities that distinguished him from others.”

“I have lost an irreplaceable comrade, a faithful colleague and a friend. I mourn his passing and I feel deeply for his bereaved family to whom I offer my sincere feelings of empathy and support,” she added

Scores of Congress leaders condoled Ahmed Patel’s death, “It is very hard to come to terms with Ahmed patel Ji’s passing. He was a political troubleshooter par excellence & will be sorely missed by all. “Ahmedbhai” was also a close friend of my late father’s & a mentor to me,” tweeted Milind Deora.

B.K. Hariprasad said in a tweet, “Its very saddening to know about the demise of Shri Ahmad patel ji. Congress has lost one of its greatest son. I am at loss of words at his death. May his soul rest in peace. May god give strength to his family to cope up with this terrible loss.”

Continue Reading

India

Ahmed Patel’s role in strengthening Congress will always be remembered: PM Modi

A top strategist of the Congress and a most-trusted ally of its president Sonia Gandhi, Patel (71) died in the early hours of Wednesday.

Published

on

By

Narendra Modi

Condoling the death of senior Congress leader Ahmed Patel, Prime Minister Narendra Modi on Wednesday said his role in strengthening the opposition party will always be remembered.

Patel spent years in public life, serving the society, Modi noted.

A top strategist of the Congress and a most-trusted ally of its president Sonia Gandhi, Patel (71) died in the early hours of Wednesday.

He was admitted to the Medanta hospital in Gurugram and had been critical for a few days. He had contracted COVID-19 and subsequently, developed complications.

“Saddened by the demise of Ahmed Patel Ji. He spent years in public life, serving society. Known for his sharp mind, his role in strengthening the Congress Party would always be remembered. Spoke to his son Faisal and expressed condolences. May Ahmed Bhai’s soul rest in peace,” the prime minister said in a tweet.

Continue Reading
Advertisement

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.