‘Retailers not apprehensive’

A day after Congress held its mammoth rally to support foreign direct investment (FDI) at Ramlila Maidan, Delhi chief minister Sheila Dikshit on Monday claimed that not a single retailer has so far come forward to express any apprehension about the introduction of FDI in retail.

Speaking on the occasion of the inauguration of a two-day seminar on FDI, organised by Shaheed Bhagat Singh College, University of Delhi, Dikshit stated that ‘ours is the largest and most vibrant democracy in the world, hence, everybody has a right to differ on any issue.’

President of the Institute of Company Secretaries in India  (ICSI) Nesar Ahmed and Dhiraj Mathur, executive director of PriceWaterhouseCooper (PWC) also expressed their  views on the occasion. Principal of the college P K Khurana presided over the seminar.

Dikshit said, ‘It is time to dispel all fears on this issue. It seems that a false propaganda is on and is being nurtured by the major opposition parties in the country. They are, in fact, adopting unusual manners to express their opposition on this issue. Their manners sometimes looks funny’.

Chief minister exhorted the intellectual fraternity to come forward to clear so-called apprehensions on FDI. Dikshit further stated that being a vibrant democracy, our country’s economy is also strong enough to negate any pressure of slowdown across the world.

Dikshit said, ‘We are growing at the higher rate than European Union and US. Delhi is the first state to come forward to implement FDI in retail trade. The government is in process of making an amendment in APMC Act. We are keen to implement it as early as possible as it is going to benefit the youth, farmers, traders and consumers’.

Chief minister added that Delhi government is committed to protect rights of every individual and every section of the society. The chief minister also released the proceedings of the seminar.
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