P.Chidambaram attacks BJP manifesto

Apr 09 2014, 12:59 IST
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World class industrial and investment regions had been already created by Congress in a different form, Chidambaram added. (Reuters) World class industrial and investment regions had been already created by Congress in a different form, Chidambaram added. (Reuters)
SummaryReferring to the promise that India would be made a global hub for arbitration, he said arbitration centres already existed in Delhi and Mumbai.

food security act would be done, the party also said it would review all the laws and schemes of the universal food security. He pointed out Modi had opposed the Food security bill.

Chidambaram also attacked the BJP's assurance about strengthening national investigation agency, saying the party-ruled states had opposed the UPA Government's National Counter Terroism Centre.

"All the BJP ruled states and Tamil Nadu opposed the NCTC. They scuttled the centre," he said.

The NCTC was thought of to bring coordination among the states in fighting terrorism. But BJP opposed after the notification was issued.

Referring to the Goods and Services Tax (GST), Chidambaram said the BJP had ridiculed and trivialised it and opposed it tooth and nail. Now they were talking about the same in their manifesto.

The creation of maritime authority was also copy of the Congress' initiative. Various programmes for security of coastal areas were being implemented.

Congress had also developed world class ports. The Mumbai container port had been ranked second in the world in handling of containers while the Ennore port had been developed into a world class facility so also Tuticorin. Now the BJP was talking about the same thing.

World class industrial and investment regions had been already created by Congress in a different form, Chidambaram added.

Criticising BJP's assurance that it would end tax terrorism, Chidambaram said when the retrospective amendment of tax laws were carried out on Vodafone issue, the BJP supported the government. "Now talking about tax terrorism is absurd".

The Congress leader said he was not sure whether there was anti-incumbency wave or not. But people could have some grievances with the government which was in power for ten years.

He said foreign investment had come down because economy world over was not doing well. If investors abroad were able to save, they would invest in India or other countries.

The government had encouraged the public sector to invest in industries but private sector was not investing or could not be forced to pump in money.

On the issue of economic growth, the Finance Minister said during 2000-01 (NDA regime) and next year there was only 4.3 per cent growth.

But during Congress regime earlier (UPA I and most part of UPA II), growth had been 8.5 percent on the average.

Now the import and export had been affected because United States has just recovered from long recession, the growth in other countries was also slow, he added.

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