Mazumdar-Shaw slams Cong for parliament logjam

Image
Press Trust of India Bengaluru
Last Updated : Aug 12 2015 | 7:22 PM IST
Biocon Chairperson and Managing Director Kiran Mazumdar-Shaw today criticised the Congress party for the Parliament logjam and said it appears the grand old party believes the "only weapon" left is to oppose important legislations as supporting the government would weaken them politically.
"What I deduce from the Parliament logjam is that the Congress is diffident, especially after their decimation in the Lok Sabha elections. It appears that the only weapon the Congress has, is to oppose important bills like the GST. I believe the thinking of Congress is that if they support the government, they will become politically weak," Mazumdar-Shaw told PTI here.
The Biocon Chief, however, said she is not against Congress Parliamentarians alone because she had been in the past even vocal against the BJP members who opposed FDI and other pro-development bills.
"It is not the question of me and other corporates hitting out at the Congress. I have been vociferously talking about BJP MPs in the past for their anti-growth stance on issues like FDI. So, it is not a matter concerning a party but nation as a whole," she said.
Mazumdar-Shaw also took a potshot at senior Opposition leader Sharad Yadav's comments that the capitalists cannot decide on how Parliament functions by terming it as ridiculous and anti-economic growth.
"The comments are ridiculous and irrational. I want to ask Sharad Yadav to kick all the industries out of Bihar, and then I want to see how his state grows economically. I mean it is ridiculous ...," she said.
Yadav had slammed the signature campaign by over 15,000 people, including the country's top industrialists, urging lawmakers to allow Parliament to function, debate and legislate.
*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 12 2015 | 7:22 PM IST

Next Story