"I am shocked that at a time when there are serious challenges to economy, the BJP is trying to confuse and scare away the foreign investors ... This statement reflects and confirms the cynicism of the principal opposition party," Sharma told reporters.
Earlier in the day, BJP chief Spokesperson Ravi Shankar Prasad had said :"We are opposed to FDI in multi-brand retail and once we come to power, the consequences will follow".
Sharma said investments would come to India in response to the extant policy.
"No government can arbitrarily reverse (policies), because the legal consequence follow ... They cannot lawfully do," Sharma said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
