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FDI in retail leads to development: Janardhan Poojary

[email protected] (CD Network)
September 21, 2012

poojary

 

Mangalore, September 21: Coming down heavily on National Democratic Alliance and other opposition parties for day-long nationwide strike, former union minister Janardhan Poojary said that there had been a loss of over Rs 1,500 crore due to Thursday's bundh.

 

“Now, they only have to pay back the losses according to the Supreme Court rule," he said.

 

"Introducing FDI in retail sector will lead to development. There is a wrong notion that farmers will suffer. In a matter of fact, they will gain a lot as they can sell their produce at a higher price. With FDI, roads, transport, storage facilities can be developed. In case some states do not want to implement FDI in retail sector, let it not do so. Why is it stopping other states who want to implement this rule as they are really concerned about development," he questioned.

 

He also pointed out that the prices on petrol and diesel can be got down by the State Government by slashing the taxes on these oils.

 

However, the State government is not ready to take this step and is forcing Central government to take the burden, even though price rise it is inevitable as it depends on the global market, he regretted.

 

"Why will UPA government intend to make people suffer. They know that people will not trust them and won't elect them if they do so in future elections. The opposition cannot stand development," he said.


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During the X BIS screening process, CISF officials noticed some suspicious image in Shahul’s hand baggage.

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The personnel handed over the foreign currency recovered and the passenger to Customs officials for further inquiry.

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Later, Satav took to Twitter to clarify his remarks at Thursday's meeting of the party's Upper House MPs. Satav, through a series of tweets on Saturday, said he was not comfortable discussing what goes on inside party meetings in forums outside.

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The FIR has been filed under National Disaster Management Act (NDMA) and Section 188 and 269 of the Indian Penal Code.

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