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'BJP will raise FDI in retail issue in Budget session'

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Press Trust of India New Delhi

Delivering a lecture on 'FDI and its Impact on Small Traders', he said it is an "old tactics" of the government to reject opposition to FDI in multi-brand retail saying that we (opposition) wanted to do the same in our tenure.

"They did the same thing during the nuclear deal also. But they didn't provide any document to support their claims," he said.

At economic front, he claimed, the UPA government's performance has been a disaster. It is responsible for taking back the economy to 1991 state of financial instability, he alleged.

Sinha said BJP is not against FDI but it is also not in favour of bringing foreign investment indiscriminately, without calculating its advantages and disadvantages.

 

He said the UPA government wanted to shift the focus from its problems and therefore it diverted attention by bringing some economic reforms.

  

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First Published: Sep 06 2010 | 7:56 PM IST

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