Accusing the central government of "ruining and selling the country" through its economic reforms, West Bengal Chief Minister Mamata Banerjee has said she will not allow foreign direct investment (FDI) in multi-brand retail
in her state.
"They allowed FDI in retail, capped the subsidised cooking gas and now they will invest pension money in the share market
. By doing this, they want to ruin the country. They want to sell the country to foreigners," Banerjee, the Trinamool Congress chief, said while addressing a public meeting at Tamluk in East Midnapore district.
"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 jeopardises the interest of common people," said Banerjee.
Criticising the Congress-led United Progressive Alliance
for the hikes in diesel and fertiliser prices, she said the central government will have to roll back the hikes.
"Because of the high diesel and fertiliser 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 the media is spreading canard against us. But they are not gods that whatever they say will be believed by the people," added Banerjee.
Following the ruling United Progressive Alliance's decision to allow FDI
in multi-brand retail, the Trinamool Congress withdrew from the Congress-led alliance in September.