BJP manifesto: Foreign investment to be okayed, but not FDI in retail

Apr 07 2014, 17:09 IST
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Lal Krishna Advani (R), listens to BJP prime ministerial candidate Narendra Modi during a workers' party meeting ahead of the general election, at Gandhinagar in Gujarat April 5, 2014.  (Reuters) Lal Krishna Advani (R), listens to BJP prime ministerial candidate Narendra Modi during a workers' party meeting ahead of the general election, at Gandhinagar in Gujarat April 5, 2014. (Reuters)
SummaryHowever, BJP manifesto says FDI would be allowed wherever needed.

tape and simplifying procedures to do business.

Referring to the manufacturing sector, BJP said it will take "all steps" like faster approvals, investment in logistics infrastructure, ensuring power supply and undertaking labour reforms, besides other steps to create a conducive environment for investors.

The manifesto also promised that the government will initiate building 100 new cities enabled with the latest in technology and infrastructure - adhering to concepts like sustainability, walk to work, and focus on specialised domains.

On skill development, BJP said a 'National Multi-skill Mission' will be launched and vocational training on a massive scale will be promoted.

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