As usual, Mamata opposes FDI in Railways

कोलकाता Kolkata (KOAA): On a day when Trinamul Congress targeted the Narendra Modi government in Rajya Sabha over FDI in railways and defence, the Chief Minister of West Bengal Mamata Banerjee, as usual, voiced her anguish over the issue on the popular social networking site Facebook. “The Union Cabinet has approved up to 100 per cent FDI in railways and up to 49 per cent in defence sector. Increasing FDI cap from 26 per cent upto 49 per cent in defence sector will put a big question mark on safety and security of the nation.

Where successive governments have been consciously avoiding FDI in railways sector for strategic and security reasons, the Central government has, for the first time, now allowed upto 100 per cent FDI in railways. I do not know what will be the fate and future of this country???” Ms Banerjee asked, clearly perturbed by the development.

Opposition of FDI has always been the stand of the Trinamul Congress. In fact, its decision to introduce FDI in retail sector was the major bone of contention between the Trinamul Congress and the Congress when the two parties were coalition partners in the UPA II.

FDI in retail and petroleum price hike were two major issues protesting which the Trinamul Congress had pulled out of the UPA in September 2012. The day railway minister Sadanand Gowda presented the Railway Budget for 2014-15 in Parliament on Tuesday, Ms Banerjee had slammed. “They (the BJP government) want to bring foreign direct investment (FDI) in railways. They want to sell off the country… where will the domestic industrialists go? They should have said before the elections that the country will be handed over to FDI