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Kerala government to oppose FDI in retail sector.


Date: 03-07-2012
Subject: Kerala government to oppose FDI in retail sector
“We are opposed to FDI in retail. When the announcement came, Kerala government opposed. There are lakhs of families in Kerala who are involved in retail sector. if FDI comes in this sector it will badly affect these people,” Chandy told Deccan Herald.

Chandy, however, asserted that he has full faith in the prime minister’s leadership qualities. “The prime minister is an experienced leader on economic front and his vision will help in reviving country’s economy to emerge as world leader,” the Kerala chief minister said.

The 69-year-old leader enumerated the various steps taken by his government to attract foreign investment in the state and create a favourable business environment. The government will organise “Emerging Kerala,” a three-day global meet for business leaders, investors and policy makers, at Kochi, from September 12 to 14.

Replying to queries on general opinion in the party on whether Rahul Gandhi should join the Union Government, the three-time chief minister said: “We want to see him playing a bigger role in party and government. It is upto him when he wants to join government. He is very energetic and sincere leader. I can assure you that he will shine in Indian politics.”

Chandy further asserted that factional fights within the Congress, as noted by party president Sonia Gandhi in her speech to party MPs, should not be allowed beyond a point as it affects party prospects.

“Difference of opinion is fine. Different groups in the party are not new. But everybody should realise that party comes first, groups come next. Factional fights beyond a limit affect party prospects,” he said.

Source : deccanherald.com

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