CWC meet endorses FDI, says UPA is stable

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New Delhi, Sept 25: Last few days were not very pleasant for Congress-led UPA government at the Centre. UPA was almost at the risk of losing power at the Centre after one of its key allies Trinamool Congress (TMC) withdrew its support from the government due to Prime Minister Manmohan Singh's economic reforms. However, things look better for the government now, as Samajwadi Party (SP) and Bahujan Samaj Party (BSP) continues with their outside support to the government.

The new found stability of UPA was well reflected at Congress Working Committee (CWC) meeting at party president Sonia Gandhi's residence 10 Janpath in New Delhi on Tuesday, Sept 25.

Sonia Gandhi told at the meet that there was no threat to the government and that it is stable.

The CWC, at the meeting, strongly endorsed Foreign Direct Investment (FDI) in multi-brand retail and other economic policy decisions announced by the Manmohan Singh government recently.

Defending UPA's recent economic decisions, including an increase in diesel price and cap on subsidised LPG cylinders and bringing FDI in retail and aviation, CWC members feel that all the decisions are necessary to protect the country from economic recession.

Congress leader Janardhan Dwivedi addressed reporters after the CWC meeting. He informed that Finance Minister P Chidambaram had said at the CWC meeting that tough decisions were crucial for the economy.

"Finance Minister P Chidambaram told CWC that the ways to improve economy were by improving productivity and getting more investments, containing inflation and cutting subsidies," says Janardhan Dwivedi. Dwivedi adds, "The option before the government was to bring in money from outside to stop the falling rupee value and reduce subsidy."

Leaders of Congress party have also decided at CWC meeting to take out rallies across the country in support of FDI and to carry the reforms message to the people.

Dwivedi informed that Telangana issue was not discussed.

Dwivedi also told the media that the CWC concluded that the role of the main Opposition Bharatiya Janata Party (BJP) has been negative on reforms.

Reacting to CWC meeting, BJP leader Prakash Javadekar said that the government has introduced anti-people reforms. "We don't want these types of reforms. Those are not in favour of this country. We cannot call it reform. Who has stopped UPA from constructing roads, improving the railway infrastructure or to constructing more ports?" he asked.

However, he refused to comment on Sonia's remark that the BJP had played negative politics over the reforms.

OneIndia News

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