Anand Sharma slams AAP over FDI decision

Union commerce and industry minister Anand Sharma slammed AAP government over its decision to ban FDI in multi-brand retailing in Delhi.

ANAND_SHARMACalling the decision as “abrupt, irresponsible and ill-considered,” Anand Sharma said India is not a banana republic where policy decisions can be overturned.

“There is a gazette notification after the (Congress-led) Delhi government approved the policy. It is notified. We are not a banana republic. India has never seen such policy reversals,” Anand Sharma said.

Criticising the Arvind Kejriwal government, Mr. Sharma said that the decision was “irresponsible, ill-considered, abrupt and arbitrary. It is a regressive decision. Responsible governments can ill-afford to take arbitrary decisions and knee-jerk reactions.”

“The question is whether the farmers, consumers and small entrepreneurs are part of the lexicon of Aam Aadmi or are excluded. The view that it may lead to job losses has neither any merit nor any logic,” he said.

“Now the question is…Can a minority government with outside support reverse such decisions?…We will have it examined,” he added.

The AAP government on Monday announced that it has decided to reverse Sheila Dikshit government’s decision for allowing FDI in multi-brand retailing in Delhi, saying the entry of global players like Walmart and Tesco would lead to huge job crisis in India.

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