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Mamata defends FDI decision

West Bengal CM Mamata Banerjee promised to block FDI in retail in the state to safeguard the interests of poor farmers and retailers. ‘I can give my life but I will never compromise on the interest of Maa, Mati, Manush,’ Banerjee said, continuing her tirade against the UPA government.

‘They have imposed service tax on fares in AC train coaches, hiked the price of diesel, put a cap on subsidised LPG cylinders and opened the doors to FDI in retail, which will push prices of all essential commodities and is an attack on the poor,’ the CM said at a rally near Kolkata.

Banerjee said, ‘We will do everything to safeguard the interests of poor farmers and retail traders. We will not permit FDI in retail in our state. How dare they say that only Walmart will be allowed to do business in retail and none other? We will not bow our head to any pressure.’

She accused the centre of stopping subsidy in various sectors and said subsidy comes from people's tax payments in the forms of service tax, income-tax and customs duty. ‘If you want note, you cannot get vote’, she quipped.
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