Mayawati sets conditions, says 'FDI decisions shouldn't be taken in a hurry'

New Delhi, Dec 3 (ANI): Bahujan Samaj Party (BSP) supremo Mayawati on Monday set conditions for supporting the Congress-led UPA Government at the Centre on the issue of voting for FDI in retail, saying it should be implemented only in sectors that result in development.

Mayawati said the government should not take a hurried decision on FDI in retail.

"There is a limit to FDI, it must not affect the domestic economy. FDI in retile will affect small traders, farmers and consumers," said Mayawati.

"We have to consider adverse affects of foreign investment. FDI in retail will also create unemployment. The government's claim that FDI in retail will reduce prices is bogus. FDI in retail will enslave India," she added.

Mayawati, however, said that the stand of the Bahujan Samaj Party on the FDI issue would be revealed on the floor of the house.

Minister of State for Parliamentary Affairs Rajiv Shukla earlier in the day expressed confidence of winning the vote on FDI in retail in Parliament, and said that the discussions are still on with various parties to get them on board.

Parliamentary Affairs Minister Kamal Nath had earlier last week expressed confidence that the UPA Government would emerge victorious in Parliament on the vote on FDI in multi-brand retail.

The government is keeping a close eye on Mulayam Singh Yadav's Samajwadi Party (SP) and Mayawati's Bahujan Samaj Party (BSP) to win a vote in the Rajya Sabha. The two outfits are not part of the ruling coalition, but provide external support.

Both parties have, however, so far kept their cards close to their chest. (ANI)


Get stories like this on the Yahoo app and discover more every day.
Download it now.