No Entry for Walmart
Kolkata: West Bengal’s Chief Minister Mamata Banerjee is against to allow Foreign
Direct Investment in retail in her state. She is accusing the Central Government
of ‘ruining and selling the country’ through its economic reforms.
“They Allowed FDI in retail, capped the subsided cooking gas and now they will invest
pension money in the share market. By doing this, they want to sell the country to
foreigners,” said Mamata Banerjee while addressing a public meeting at Tamluk in East
“They want to snatch your land and livelihood and set up Walmart here. But let me say
this. As long as I am here, we will not allow Walmart to enter. We cannot and will not
allow anything that jeopardizes the interest of common people,” said Banerjee.
She has also criticized the Congress-led United Progressive Alliance for the hikes in
diesel and fertilizers prices. She wants that the Central Government will have to roll back
“Because of the high diesel and fertilizer prices, the cost of farming has gone beyond the
reach of farmers. Farmers are the backbone of the country and we cannot allow them to
suffer. The government will have to lower the prices,” Said Banerjee.
“Just because I am opposed to the reforms, which is hurting their interest, a section of
media is spreading canard against us. But they are not gods that whatever they say will be
believed by the people,” added Banerjee.
The Trinamool Congress has withdrawn from the Congress-led alliance last month right
after the decision to allow FDI in multi-brand retail was declared.