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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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Prime Minister participates in the first Outreach Session of G7 Summit
June 12, 2021
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Prime Minister Shri Narendra Modi participated in the first Outreach Session of the G7 Summit today.  

The session, titled ‘Building Back Stronger - Health’, focused on global recovery from the coronavirus pandemic and on strengthening resilience against future pandemics. 

During the session, Prime Minister expressed appreciation for the support extended by the G7 and other guest countries during the recent wave of COVID infections in India. 

He highlighted India's ‘whole of society’ approach to fight the pandemic, synergising the efforts of all levels of the government, industry and civil society.   

He also explained India’s successful use of open source digital tools for contact tracing and vaccine management, and conveyed India's willingness to share its experience and expertise with other developing countries.

Prime Minister committed India's support for collective endeavours to improve global health governance. He sought the G7's support for the proposal moved at the WTO by India and South Africa, for a TRIPS waiver on COVID related technologies. 

Prime Minister Modi said that today's meeting should send out a message of "One Earth One Health" for the whole world. Calling for global unity, leadership, and solidarity to prevent future pandemics, Prime Minister emphasized the special responsibility of democratic and transparent societies in this regard. 

PM will participate in the final day of the G7 Summit tomorrow and will speak in two Sessions.