UPA govt wins retail FDI vote in Rajya Sabha as SP walks out

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Agencies: New Delhi, Dec 07 2012, 15:26 IST

the minority."

Earlier, Sharma maintained that the move was essential for the country's growth and rejected the opposition contention that it would hurt the small retailers and farmers and harm the manufacturing sector.

The division of votes was marred by some technical glitches because of which the exercise had to be done again. The animated debate saw clashes between government and the opposition as the sides put forth their arguments and counter arguments.

Sharma questioned BJP's opposition to FDI in retail saying that when the party was in power, it had plans to allow FDI in retail up to the extent of 100 percent, which was countered vociferously by members from the BJP including Leader of the Opposition Arun Jaitley.

To justify his arguments, Sharma cited a report of a Committee of Planning Commission in 2002 headed by N K Singh, now a JD-U member of Rajya Sabha.

Sharma said the report had favoured up to 100 per cent FDI in retail be brought in as it will benefit both consumers and farmers.

Singh wanted to respond to it but the minister refused to yield leading to pandemonium with Trinamool Congress and Left showing solidarity with Singh and slamming the minister.

An angry Opposition accused Sharma of misleading the House and demanded an apology from the government as Singh said that the report had concluded that FDI in multi-brand retail was not in interest of the nation at this time.

The uproar led to abrupt adjournment of the House for over an hour.

Targetting Sharma, Jaitley said, "The

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Reader's Comments (3)| Post a Comment

PERCEPTIONS OF EARLY PARLIAMENT ELECTIONS ARE NOW RULED OUT .

RAJAT KUMAR MOHINDRU .JALANDHAR CITY | 07-Dec-2012Reply | Forward

The Congress and its allies have successfully got the F.D.I. in Brand Retail Sector Bill passed in both the houses of Parliament giving a clear indication with the passing of this Bill that the all the perceptions be ruled out of Early Parliament Elections as now they will be held on time .

U.P.A.HAILS F.D.I.IN BRAND RETAIL BILL PASSED IN BOTH HOUSES OF PARLIAMENT

RAJAT KUMAR MOHINDRU .JALANDHAR CITY . | 07-Dec-2012Reply | Forward

The U.P.A. has hailed the passing of the F.D.I. in Brand Retail Sector in the both houses of Parliament . What ever may be the results outcome in coming future after the implementation of the F.D.I. in retail Sector but lacks of small traders are in dilemma in regard to there future prospectus of business . The B.J.P. had opposed the Bill but the Congress had hailed it , With the walk out by members of S.P. and B.S.P. in Lok Sabha paved way for the passing of Bill in Lok Sabha and today the Bill was passed in the Rajya Sabha .

why did they walk out - they could have voted against ?

Logic RK | 07-Dec-2012Reply | Forward

LACK OF MORALITY SP and BSP want their Party leaders cases pending in various courts to be silenced by the Ruling UPA and since CBI works under direct control of Mrs.Gandhi. In case they want to oppose they could have voted against FDI bill and for the opposition, why did they Walk out ? They wanted to clear their cases, Congress wanted to pass the Bill for satisfying their international masters. Its as clear as that and nothing more.