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CM strongly opposes FDI in retail!

Published By : Admin | September 14, 2012 | 23:18 IST

Shri Narendra Modi opposed FDI in multi brand retail

FDI in multi brand retail will harm small shopkeepers, adversely affect domestic manufacturing sector and create joblessness: Shri Modi

Shri Modi has also severely criticized anti-people diesel hike and on the day UPA made this regressive announcement, Shri Modi announced relief measures for farmers

 

The decision to allow Foreign Direct Investment (FDI) in multi brand retail sector by the Congress-led UPA has been strongly opposed by Shri Narendra Modi. The Chief Minister has termed this move as anti-people.

Shri Modi said that allowing FDI in multi brand retail would mean immense harm to small shopkeepers, hit the domestic manufacturing sector and create joblessness. The Chief Minister added that this would also mean cheap good produced outside being dumped into our nation.

Since yesterday, Shri Modi has strongly opposed the diesel price hike and the decision to rationalize LPG cylinders per household. Infact, on the same day the UPA announced these regressive decisions, Shri Modi announced 100% relief on loans and 50% relief on electricity bills for farmers. This decision by Shri Modi has been hailed all over.

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PM chairs 45th PRAGATI Interaction
December 26, 2024
PM reviews nine key projects worth more than Rs. 1 lakh crore
Delay in projects not only leads to cost escalation but also deprives public of the intended benefits of the project: PM
PM stresses on the importance of timely Rehabilitation and Resettlement of families affected during implementation of projects
PM reviews PM Surya Ghar Muft Bijli Yojana and directs states to adopt a saturation approach for villages, towns and cities in a phased manner
PM advises conducting workshops for experience sharing for cities where metro projects are under implementation or in the pipeline to to understand the best practices and key learnings
PM reviews public grievances related to the Banking and Insurance Sector and emphasizes on quality of disposal of the grievances

Prime Minister Shri Narendra Modi earlier today chaired the meeting of the 45th edition of PRAGATI, the ICT-based multi-modal platform for Pro-Active Governance and Timely Implementation, involving Centre and State governments.

In the meeting, eight significant projects were reviewed, which included six Metro Projects of Urban Transport and one project each relating to Road connectivity and Thermal power. The combined cost of these projects, spread across different States/UTs, is more than Rs. 1 lakh crore.

Prime Minister stressed that all government officials, both at the Central and State levels, must recognize that project delays not only escalate costs but also hinder the public from receiving the intended benefits.

During the interaction, Prime Minister also reviewed Public Grievances related to the Banking & Insurance Sector. While Prime Minister noted the reduction in the time taken for disposal, he also emphasized on the quality of disposal of the grievances.

Considering more and more cities are coming up with Metro Projects as one of the preferred public transport systems, Prime Minister advised conducting workshops for experience sharing for cities where projects are under implementation or in the pipeline, to capture the best practices and learnings from experiences.

During the review, Prime Minister stressed on the importance of timely Rehabilitation and Resettlement of Project Affected Families during implementation of projects. He further asked to ensure ease of living for such families by providing quality amenities at the new place.

PM also reviewed PM Surya Ghar Muft Bijli Yojana. He directed to enhance the capacity of installations of Rooftops in the States/UTs by developing a quality vendor ecosystem. He further directed to reduce the time required in the process, starting from demand generation to operationalization of rooftop solar. He further directed states to adopt a saturation approach for villages, towns and cities in a phased manner.

Up to the 45th edition of PRAGATI meetings, 363 projects having a total cost of around Rs. 19.12 lakh crore have been reviewed.