"Trinamool has consistently opposed this policy and often outlined reasons for it at different forums, including our election manifestos and Parliament," TMC chief national spokesperson Derek O'Brien said.
"This (FDI reforms) will have a negative effect on employment, the economy and the Indian market as a whole. In the name of 'Make in India', they are breaking India," he said in a statement here.
The NDA government has relaxed FDI norms in a host of sectors including civil aviation, single-brand retail, defence and pharma by permitting more investments under automatic route.