TMC will oppose FDI in retail, privatisation of pension fund

Image
Press Trust Of India Kolkata
Last Updated : Jan 25 2013 | 4:04 AM IST

Ahead of the monsoon session of Parliament from Tuesday, key UPA ally Trinamool Congress on Sunday said it was opposed to FDI in retail, privatisation of pension fund and forward trading.

Trinamool Congress leader in the Lok Sabha Sudip Bandyopadhyay told PTI, “All bills, including those of FDI in multi-brand retail, privatisation of pension funds and forward trading, should not be brought forward to the monsoon session of Parliament.

“In Parliament we will oppose these bills because they will affect the common people,” he said.

Bandyopadhyay said, “Our party chief Mamata Banerjee has already made commitments to the people before the last Lok Sabha and Assembly election of opposing FDI in multi-brand retail and privatisation of pension fund. We will not compromise on our opposition.”

He told PTI that he would be attending the all-party meeting called by Lok Sabha Speaker Meira Kumar tomorrow.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2012 | 12:52 AM IST

Next Story