No MoU signed with Wal-Mart: Guj Govt

Image
BS Reporter Mumbai/ Ahmedabad
Last Updated : Jan 21 2013 | 1:22 AM IST

Taking a dig at the state Congress president Arjun Modhwadia for misleading citizen of Gujarat on issue of Wal-Mart's alleged memorandum of understanding (MoU) with the state government, the state government spokesperson ministers Jay Narayan Vyas and Saurabh Patel clarified that Gujarat government has not signed any MOU with the foreign company Wal-Mart.

"Leaders of state Congress keep carrying the bier of falsehood. This latest lie of them is a yet more example of how they are leading the people of Gujarat astray," the ministers said in a statement issued on Friday. Ministers further added that Gujarat government has never backed 51 per cent FDI in retail sector. "But it seems that Congress leaders have no other activity but to fabricate a new lie every other day and thus to mislead the people of Gujarat," they added.

Centre’s approval to 'FDI in Retail' has witnessed a nation-wide rage from the people. State Congress leaders, in a want to please their high command and to cover the nation-wide fury against their party, conveniently forgot the greater good of nation, the ministers maintained.

According to them, the Central government has proved to be incapable of curbing the issues of price-rise and terrorism and has lost people’s faith. "Now, by allowing foreign companies in retail sector it is trying to ruin the lives of crores of small traders in India," they said.

*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: Dec 03 2011 | 12:15 AM IST

Next Story