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Centre fails to sell retail FDI plan to DMK

Nov 26 2012, 00:32 IST
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SummaryAhead of a crucial all-party meeting on Monday in Delhi, the Centre failed to get a firm assurance from its key ally DMK on foreign direct investment in multi-brand retail.

Ahead of a crucial all-party meeting on Monday in Delhi, the Centre failed to get a firm assurance from its key ally DMK on foreign direct investment (FDI) in multi-brand retail.

This emerged clear after a 90-minute meeting Congress emissary Ghulam Nabi Azad had with DMK chief M Karunanidhi in a bid to take the southern ally on board to counter opposition demand for a discussion on the issue in Parliament under rules that entail voting.

Observing that his visit was to obtain the views of the DMK chief on discussion about voting “if any and whenever it takes place in Parliament,” Azad said, “I must be candid enough to say that he (Karunanidhi) has lot of reservations about FDI in retail sector.”

Azad told reporters he had informed Karunanidhi that when FDI was cleared by the Centre there were apprehensions among state governments and political parties including DMK.

The DMK leadership even at that point of time had raised objections to FDI, saying it was not acceptable to them, he said.

He said it was on the demand of a number of parties, including DMK, and state governments that the Centre made an enabling provision that it will not enforce the decision on FDI in retail sector on those states which are against it, and it was left to the respective governments.

Azad said he assured the DMK leadership that the Centre “will not force the DMK or any government to implement FDI in states against their wishes.”

The meeting assumes significance as DMK with 18 MPs, thesecond biggest constituent of the Congress-led UPA, has remained silent on the contentious issue.

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