SAD has double standards on FDI in multi-brand retail: Sharma

Tags: News
Union Commerce Minister Anand Sharma today accused SAD of adopting double standards on FDI in multi-brand retail, saying the party first supported it and then took a U-turn after its ally BJP opposed it.

"Punjab Deputy Chief Minister Sukhbir Badal had sent a letter (of support on FDI in multi-brand retail issue) and urged us to pass the bill. When UPA government passed the bill, the Badals (Chief Minister Parkash Singh Badal and Sukhbir) also sent a congratulatory letter," Sharma claimed at a conference at Banur here.

He alleged that after "arm twisting by BJP", SAD changed its stand and opposed FDI in multi-brand retail.

Taking a dig at the Badals, Sharma said, "Sardar log kissi sey nahin darte, yeh to BJP se darr gaye (Sikhs are fearless but they (Badals) bowed to BJP pressure)."

Sharma said Foreign Direct Investment (FDI) in multi- brand retail would help members of the farming community.

"For the benefit of farmers, we decided to bring in FDI in multi-brand retail. The farmers will not get exploited and consumers will also get products at cheaper rates," he said.

The Union Minister charged the Badals with patronising ministers who were allegedly involved in a drug racket.

Attacking BJP's prime ministerial candidate Narendra Modi, he alleged that he "stole" the economic ideas of UPA and only reworked the UPA government's achievements.

Speaking on the occasion, Union Minister of State and Patiala MP Preneet Kaur attacked Harsimrat Kaur Badal for allegedly diverting funds for her Lok Sabha constituency (Bathinda) at the cost of rest of the Punjab.

Earlier, Sharma laid the foundation of Rs 500 crore Footwear Design and Development Institute (FDDI) at Banur. The Punjab industries department gave over 8.5 acres to the Union ministry to start the project.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Child abuse needs to be tackled with the seriousness it deserves

    The Bangalore rape case has again brought into focus an issue we Indians forever shy away from facing up to — child sexual abuse.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: THE BASE RATE BIAS

Base rate fallacy, also called base rate neglect or base ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture