Don’t allow retail FDI in MP : CM
Bhopal: Chief Minister Shri Shivraj Singh Chouhan has said that he opposes Union Government’s decision to allow foreign direct investment (FDI) in retail sector in the country. This decision will not be implemented in Madhya Pradesh.
Chief Minister Shri Chouhan made it clear that he is not opposed to foreign investment. He said that investment should be made in infrastructure sector.
Shri Chouhan said that livelihood of lakhs of families in the country depends on grocery and small business. Therefore, foreign investment in grocery sector will increase unemployment and put lakhs of families under great financial difficulties. Therefore, foreign investment in grocery sector cannot be accepted. It is not proper that foreign investment comes in grocery sector and our people are left jobless.
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