CPI (M) LAMBASTS OBAMA STATEMENT
The Polit Bureau of the Communist Party of India July 16, 2012 .
THE Polit Bureau of the CPI (M) objects to the remarks
made by President Obama that India open the doors to WalMart for retail trade
and other American investments in India. The statement by Obama is a brazen
attempt to pressurise the UPA government to adopt such steps as opening
multibrand retail to FDI.
The Manmohan Singh government should not succumb to
this pressure. The CPI (M) wants the government not to open up retail trade to
foreign supermarket chains which will endanger the livelihoods of lakhs of
small shopkeepers and traders.
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