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Uttar Pradesh Chief Minister criticises PM's speech on FDI




Published by: Shubhanshu Sharma
Published on: Sat, 22 Sep 2012 at 13:36 IST
Uttar Pradesh Chief Minister criticises PM's speech on FDI
Lucknow: Uttar Pradesh Chief Minister said on Saturday that his party was all prepared for a mid-term poll in the country. He added saying that the Prime Minister Manmohan Singh had to explain much more on the economy concerning matters.

Talking to reporters at Vrindavan after a brief visit to the Banke Bihari temple, the chief minister ruled out the possibility of the Samajwadi Party (SP) joining the United Progressive Alliance-II (UPA- II) government. "Who wants to get on board a sinking ship," he asked.

Ahilesh Yadav said his party was firmly opposed to allowing Foreign Direct Investment (FDI) in multi-brand retail as it was not going to benefit the poor and the farmers.

Supporting the decision of the national leadership of the party to bail out the now-in-minority Manmohan Singh government, the UP chief minister said that this was necessary to prevent communal forces from storming to power.

The 39-year-old Chief Minister criticised the Prime Minister's speech to the nation that was telecast on Friday, and said that if the country was faced with an economic crisis, the prime minister could not escape responsibility for it.

"The prime minister is an economic expert. When he says money does not grow on trees, he has to give the nation a lot of answers," Yadav said.

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