FDI has nothing to do with US: Manmohan Singh

29th September 2012 12:21 PM

Unfazed by the uproar over FDI in retail and other tough decisions, Prime Minister Manmohan Singh on Saturday indicated that the government may continue with the reforms process and expressed willingness to discuss issues with allies.

"We will do what is good for the country. Reforms are not one-off process," he said. The Prime Minister was responding to questions on demands for rollback of decisions on FDI in multi-brand retail, diesel price hike and cap on subsidised LPG cylinders by the opposition.

When asked to respond to reservations expressed by allies that the recent decisions could hurt their electoral prospects, Singh said the issue could be discussed. "We are far away from elections."

Singh was talking to reporters on the sidelines of the swearing-in ceremony of new Chief Justice of India Altamas Kabir at the Rashtrapati Bhawan.

During the week, the UPA coordination committee had discussed the issue of FDI in multi-brand retail and other decisions.

When his attention was drawn to allegations by Gujarat chief minister Narendra Modi's that FDI was aimed at pleasing the US, he responded saying, "What has the US got to do with this. We are not a country to be dictated by others."

Asked about attacks on him by Trinamool chief Mamata Banerjee, who recently walked out of the UPA, he said, "I am not bitter about anything."

On the Supreme Court's opinion on the issue of auction of natural resources, the Prime Minister said, "We honour the judgement.

 

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Comments(9)

This seems to be good move by the UPA and particularly by Dr. Singh. He has always faced criticisms about being Dr. Silent and this moves will surely undo policy paralysis process..

Big SURPRISE. Now matured to be elected leader.

Even if the PM says that the FDI has nothing to do with US, it may not cut ice. Go back to some three years. Indo-US Business Council was meeting in Washington. Our minister was there.So were some of our business honchos. US CEOs were aplenty and even Arthur Anderson of Dow was stated to be lurking somewhere around the arena.(Around thee days, US had asked India to abate the public outcry in India against Dow-reportred by our media). US gave a long list of items, -fdi in retail, opening up of insurance and several other projects and policy prescriptions and suggestions) Nothing bad in this though it was just somewhat crude. But they went further. They told our minister that they expected our government to do all these before their President visited India. OUr media covered this too.. Now when TMC puts a spoke in the wheel of FDI in retail, US ambassador visits coincidentally West Bengal. Surely putting all these together PM, we can believe strongly that US is ttreating us as a colony!!

Read this statemnt of the PM; read also the statement a few days back of Namo that UPA is 'singam'before US. Just as we cannot accept thes tatement that FDI has nothing to do with US we cannot a;lso accept that UPA is singham before US. it is a mere meek lamb as was sseen when our officials and the diplomats of the embassy were silent spectators when the US officials not only gave a list to our minsiter but asked him to snesure that it was done before their rpesident visited India. Do we need further proof to show that US is treating us like abaanana rwepublic?

The government had already entwined into number of scams and the Prime Minister had no option than to silently take very admonishing comments from various courts. The government failed to contain corruption which is the main barrier for governance as expected by the people. UPA coalition government with a host of bigoted agendas from all corners of the nation never helped the three organs- executive, legislature and judiciary to maintain the desired equilibrium. UPA’s Legislature and executives had a free hand and did show imperious character with scant respect to protect country’s interests. They distorted rules to thrust masked policies so as to gratify trade contestants from overseas. Corruption was dominant in every spheres of governmental functioning, when it got new dimensions by institutionalised dishonesty, Privatisations in disguise of monetary liberalisations and catalyzed frauds.

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