Arvind Kejriwal govts move to not allow FDI in Delhi laughable, says Anand Sharma

Written by fe Bureau | New Delhi | Updated: Jan 15 2014, 15:31pm hrs
Anand SharmaArvind Kejriwal has written to DIPP seeking to withdraw the assent of the previous Congress govt to let FDI in multi-brand retail in Delhi.
Criticising the Arvind Kejriwal-led Aam Aadmi party government's move to reverse the decision to allow foreign multi-brand retail firms to operate in Delhi, commerce and industry minister Anand Sharma on Tuesday said it is an arbitrary decision which is not well considered and seeks to overrule the decision of a legitimate elected government that was in office commanding strong majority.

FDI is only different colour of money, there is no difference in the ground reality. What reasons are being given are devoid of logic and merit. Tens of thousands of jobs will be created in the rural and urban areas in processing, sorting and packaging. So their argument that it will lead to job losses is laughable, Sharma said.

On Monday, Delhi CM Kejriwal wrote to the department of industrial policy and promotion (DIPP) seeking to withdraw the assent of the previous Congress government to let FDI in multi-brand retail in the Capital. Kejriwal earlier said: There has been a lot of questions on FDI in retail and a proper debate on the issue did not take place. There has been a big question mark on the Central government's claim that FDI in retail will be good for the country's farmers. But there has been a huge job loss wherever Walmart had entered, even in the US.

One thing I am quite clear is that once a policy has been notified through a due process there cannot be such departures and we will have it examined. I also have one thing to say and here is a word of caution - if you have populism that misinforms and pushes society to anarchy- it does not bode well for Indian democracy.

Will take up FDI issue in assembly, says Delhi Congress chief

Expressing surprise at the "arbitrary" decision of the AAP government to disallow FDI in multi-brand retailing, the Congress party plans to take up the issue in the state assembly.

"I don't think there is legal backing for what (Delhi)government has done. We will call for a discussion on the matter in the Delhi assembly," Delhi Pradesh Congress Committee (DPCC) chief Arvinder Singh Lovely said on Tuesday. Asked if the Congress would withdraw support to the minority AAP government on the FDI issue, Lovely said, "It is not the question of withdrawing support. But one thing is sure that we will go and see the details and legality of the letter (written to the commerce ministry)." PTI