New Delhi, December 4, 2012- News n Analysis by Dr. Raj Baldev, Cosmo Theoist on the statement of Samajwadi Party (SP) leader Mulayam Singh Yadav which he made in Lok Sabha on Tuesday. He said with confidence that FDI in retail would definitely increase unemployment and asked the government better to roll it back.
He recalled that Mahatma Gandhi was against foreign goods, and advised Congress Party members to follow his teachings.
“As far as FDI is concerned, how much so ever you explain, it is not in favor of the country.
“We are speaking for the people, it is not in favor of the country. Thirty crore people will be unemployed,” he said.
He also questioned how the US gained from organized retail.
“If this was good and beneficial, why is America in trouble? Why are people unemployed there,” he asked.
He further said: “When Gandhiji burnt foreign clothes, they were of good quality. A British asked why was he opposing it. He said, ‘we are doing it to save our handlooms’. Please listen to Gandhi, he was in favor of swadeshi.”
Mulayam Singh added: “You will not benefit from this (FDI in retail) even in elections. We may not come to power at the center but we will support you, and take support from you as well.”
The SP is extending outside support to the UPA government.
Mr. Mulayam Singh has made it clear that he may oppose FDI in debate but in voting, he would vote in favor of Govt. in Parliament.