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Mamata serves UPA an ultimatum on retail FDI

With the UPA Government’s pushing of economic reforms in the shape of allowing FDI in retail and hiking fuel prices again stirring up serious discontent within its ally, the Trinamool Congress, all eyes are set on the AITC Parliamentary committee meeting on Tuesday, which will determine whether the AITC will pull out from the UPA Government or support it from outside. The Trinamool and the UPA have been nurturing an uneasy relationship since the UPA’s chosen Presidential candidate Pranab Mukherjee was not whom the Trinamool Chief Mamata Banerjee instantly supported for the President’s post.

Banerjee has now served up a 72 hour deadline to UPA Government to roll back its decision to allow FDI in retail and change the fuel policy, or she may take ‘hard’ decisions like pulling out of the Government at the Centre. Her party will also carry out an agitation against the Centre’s decisions but will not take to strikes. ‘Strikes are ruled out for us. We will mobilise public opinion but not organise strikes, like the left parties and the BJP. They have joined hands now to destabilise public life’, senior Cabinet Minister in the state Government Subrata Mukherjee told Millennium Post.

Political circles are also rife with rumours that the TMC may withdraw its ministers from the UPA govt in protest.

The retail policy will affect the farmers adversely and not serve any purpose, believe many TMC members. Said MP and minister of state in the UPA Government, Sisir Adhikari, ‘The Government of India has the capital to carry out agricultural marketing. It could also invite private capital from within the country. Why invite foreign companies to reap benefit?’
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