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BJP scaring away investors: Anand Sharma

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Press Trust of India New Delhi
Last Updated : Aug 02 2013 | 12:15 AM IST
Accusing BJP of scaring away investors in the country, Commerce and Industry Minister Anand Sharma today said the country's economy has suffered due to the "negative" narrative spread by the principal opposition party.
"The negative discourse and partisan agenda of the principal opposition party has inflicted enormous economic damage on the country.
"The country's economy has suffered because investors both domestic and their foreign partners have been scared into not investing or taking investment decisions by this negative narrative," Sharma told reporters without naming BJP after announcing the easing of norms for FDI in multi-brand retail.
The government today diluted the contentious 30 per cent sourcing clause in retail, allowing foreign chains to set up stores in cities with less than ten lakh population to accommodate demands of global retailers like Walmart and Tesco.
"There is no limit to skepticism and no limits when it comes to partisan politics", he said.

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First Published: Aug 02 2013 | 12:15 AM IST

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