Mamata sets 72-hour deadline for rollback in FDI, fuel

Strongly opposing major reforms announced by the Centre, key United Progressive Alliance constituent Trinamool Congress on Friday set a 72-hour deadline to the government to withdraw decision on multi-brand retail and diesel price hike.  

The party has decided to convene an urgent meeting on the issue on Tuesday to "take a tough decision" after the Centre's decision to allow 51 per cent FDI in multi-brand retail and hike of Rs 5 in diesel price.

The TMC parliamentary party will meet on Tuesday, party leader and Railway Minister Mukul Roy said in Kolkata. "A tough decision will be taken," he said. He said the party was opposed to allowing FDI in multi-brand retail, a decision regarding which was taken by the Union cabinet at a meeting in which he was not present.

"I came to know about the decision of the cabinet to allow FDI in multi-brand retail... We are opposed to FDI and we will oppose," Roy said.

His party colleague and MP Kunal Ghose said, "Trinamool Congress is strongly opposing the cabinet decision to allow FDI in multi-brand retail. We are not in agreement with the decision."

"The Trinamool Congress is registering its strong protest, but the Congress-led government at the Centre is taking anti-people policies," he added.

United Progressive Alliance's outside supporter Janata Dal-Secular also was angry at the government's decision on multi-brand retail, terming it as "anti-people" and threatening to withdraw its outside support for the central government.

Senior JD-S leader Danish Ali said the national executive of the party, which has three MPs in Lok Sabha, will meet soon to "review" the support given to the UPA government from outside.

The Bharatiya Janata Party also attacked the government, saying the "hurried" decision had been taken under foreign pressure and it will affect the livelihood of five crore Indians involved in retail trade.