The Polit Bureau of the CPI(M) strongly opposes the decision of the Union Cabinet to allow 100 per cent FDI in coal mining for all commercial purposes along with 100 per cent FDI in contract manufacturing.
FDI in retail trade
We urge the government not to open up the retail trade to FDI any further. Political parties across the spectrum are opposed to this move. Many state governments have also stated their opposition.
The struggle against FDI in retail trade must be continued with vigour. The Polit Bureau calls upon all its Party units to intensify the campaign against FDI in retail and mobilise the people to organize protest actions.
The UPA government in India is not learning any lessons from this financial and economic crisis and continues to adhere to neo-liberal policies which are worsening the conditions of the people with relentless prices rise, lack of employment opportunities and rampant corruption.
This is yet another instance of pro-MNC neo-liberal framework which will badly affect the Indian people. It is shocking that the Group of Ministers has refused to accept the Supreme Court direction to strengthen the public distribution system and distribute foodgrains to the people which is also one of the ways of controlling market prices