Shri Narendra Modi opposed FDI in multi brand retail
FDI in multi brand retail will harm small shopkeepers, adversely affect domestic manufacturing sector and create joblessness: Shri Modi
Shri Modi has also severely criticized anti-people diesel hike and on the day UPA made this regressive announcement, Shri Modi announced relief measures for farmers
The decision to allow Foreign Direct Investment (FDI) in multi brand retail sector by the Congress-led UPA has been strongly opposed by Shri Narendra Modi. The Chief Minister has termed this move as anti-people.
Shri Modi said that allowing FDI in multi brand retail would mean immense harm to small shopkeepers, hit the domestic manufacturing sector and create joblessness. The Chief Minister added that this would also mean cheap good produced outside being dumped into our nation.
Since yesterday, Shri Modi has strongly opposed the diesel price hike and the decision to rationalize LPG cylinders per household. Infact, on the same day the UPA announced these regressive decisions, Shri Modi announced 100% relief on loans and 50% relief on electricity bills for farmers. This decision by Shri Modi has been hailed all over.
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Before arriving on the stage here, I visited an exhibition of stalls set up by Self-Help Groups comprising women from all eight North Eastern States. The artefacts and products displayed in this exhibition are indeed impressive. Let me begin by congratulating the ladies from these Self-Help Groups, who are present here today and have just given me a glimpse of their immense talent.
The promotion of Self Help Groups has got a boost from the Deen Dayal Antyodaya Yojana. A large number of Self Help Groups are also benefiting through credit linkages by North Eastern Development Financial Institution with the component of interest subsidy being provided by Ministry of Development of North Eastern Region.
The Government is committed to the development of Self Help Groups, particularly Women Self Help Groups. Keeping this in mind, in December 2015, the Union Cabinet approved a Special Package Fund for the North Eastern States. The objective is to accelerate the implementation of the National Rural Livelihood Mission, so as to cover two-thirds of all rural households in North Eastern States by 2023-24.