No Roll-Back In Retail FDI, Asserts Government

New Delhi, Dec 1: Hitting out at “obstructionist” opposition, government today ruled out roll-back of its decision to allow FDI in retail, but the nodal Industry Ministry admitted that states were not formally consulted.“This is
no roll back in retail fdi asserts government -...
PTI December 01, 2011 18:10 IST

New Delhi, Dec 1: Hitting out at “obstructionist” opposition, government today ruled out roll-back of its decision to allow FDI in retail, but the nodal Industry Ministry admitted that states were not formally consulted.

“This is obstructionist opportunist opposition and what can you expect?...They cannot dictate government on the executive policy decision...Roll back? Who are you?,” Commerce and Industry Minister Anand Sharma asked apparently attacking the BJP.

Briefing reporters, Secretary in the Department of Industrial Policy and Promotion (DIPP) P K Chaudhery also stated clearly there was no question of the policy reversal.

Asked if government will seek comments before formulating the rules on the policy, he said there was no such move.

“If my answer to you was yes, that means I am conceding that we will revisit the policy. No,” he said adding there was no question of putting the notification on hold either.

“Guidelines on FDI in multi-brand retail are not to be put on hold. It is work in progress,” Chaudhery said without indicating any timeline.

The DIPP Secretary agreed that no formal communication was sent to the states while the department was in the process of formulating the policy.

“No, we had put it (discussion paper)on the website. It is a FDI policy, it is not changing law where there has to be a formal consultation. It is not impinging upon the states' rights, it is a sphere of the national government,” he said.

The government has been criticised by the opposition and some Chief Ministers including from Tamil Nadu and Uttar Pradesh that the states were not consulted on the issue.

Chaudhery said that states were consulted when the issue was debated by the Standing Committee of Parliament attached to the Commerce Ministry.

 
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