SP not to allow implementation of FDI in retail in UP

Maintaining opposition to FDI in retail sector, Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday said his government will not allow its implementation in the state.

He also said that the decision on continuing its support to the UPA government after the hike in diesel price and FDI rests with the party's national leadership.

"Samajwadi Party's view is very clear on the FDI issue and it will not implement it in Uttar Pradesh," Yadav told reporters here.

Denying that there was a proposal to open such stores in the state, he said, "But the question is, what will happen to the stores already opened. BSP government implemented it (FDI in retail) and opened new stores. But Samajwadi Party is not in favour of opening new stores."

Asked whether people came to meet him with these proposals, he said those were only courtesy calls from investors.

"Whoever came to meet, it was just a courtesy call. They came just to congratulate us. As fas as business is concerned, they said they want to bring in investment and want government cooperation for this," Yadav said.

On whether Samajwadi Party is planning to take its support back from the UPA government on the issue of hike in diesel price and FDI, he said any such decision rests with the party's nation leadership.

"Only the National President will decide how the support will continue. It has been asked several times but Samajwadi Party will always provide support to counter communal powers in the country," he said.

Yadav said that his party will support a proposal for FDI in the field of electricity and roads.

"If they want to bring FDI, we want them to bring it in the fields of electricity and roads. But if it is introduced in retail sector, what will happen to our small shop owners," he said.

Post new comment

<form action="/comment/reply/189147" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: &lt;a&gt; &lt;em&gt; &lt;strong&gt; &lt;cite&gt; &lt;code&gt; &lt;ul&gt; &lt;ol&gt; &lt;li&gt; &lt;dl&gt; &lt;dt&gt; &lt;dd&gt;</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-c2bd23e7296a0a4ee59d903294d0d798" value="form-c2bd23e7296a0a4ee59d903294d0d798" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="85851567" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.