The UPA2 is all set to move with FDI in multi brand
retailing in congress led states. This seems to be a welcome move for a government
which is suffering from an image of policy paralysis. Since FDI in retail does
not require any parliamentary approval and is more state subject thus it seems
to be the correct move from the government. But the million dollar question is
it politically correct? Commerce Minister Anand Sharma has been making it very
clear, as have other members of this government, that they are keen to push
forward with FDI in multi-brand retail.
With West Bengal Chief Minister
Mamta Banerjee giving a brain storming session to UPA 2 it is clearly evident
that she acts as a NATURAL ally to NDA. Especially after a recent setback on
presidential election candidature won’t this step of UPA provoke her? Who
single handedly fought the battle against FDI in retail that led to rollback of
FDI.
With monsoon session of parliament
knocking on the door this could be a big issue. Especially when the
Indo-Bangladesh constitution amendment bill has to be table by the UPA and for
which Mamta Banerjee has already shown its distrust. Passing of constitutional amendment
bill requires approval of 2/3 of the members. UPA -2 has already lost the last
constitutional amendment poll in relation to giving lokpal a constitutional
status and if this time also the result is same it could be a big trouble for
the government.
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