Kolkata: The Trinamool Congress has attacked the government over introducing foreign direct investment (FDI) in pension and increasing the FDI cap in insurance. The party led by West Bengal Chief Minister Mamata Banerjee has reiterated that it will oppose the move by the government in Parliament.
Speaking to mediapersons, Trinamool Congress MP Saugata Roy said that the party would launch agitation against the government throughout the country.
"We will launch agitation against the government throughout the country. It seems that the government is only concerned about the welfare of big capitalists," said Roy.
Earlier on Thursday, Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee once again hit out at the Congress-led United Progressive Alliance Government for trying to usher in more economic reforms. The feisty leader accused the Centre of undertaking reforms which are anti-poor.
"Some people think they can increase prices of LPG, petrol and diesel. They want to give pension money of our people to foreigners. We will continue to fight against them, for the people. Arrogance will not win," said Mamata in Kolkata.
Mamata, who withdrew support to the UPA following the hike in diesel price, cap on subsidised LPG cylinders and foreign direct investment (FDI) in multi-brand retail, is all set to oppose FDI in pension and the hike in the cap on FDI in insurance. Bitter foes the Trinamool Congress and the Left have said that they would defeat the pension and insurance bills in Parliament.
To get these bills passed in Parliament, the UPA needs a simple majority in both houses. With Mamata Banerjee's Trinamool Congress gone, the government is dependent on the Samajwadi Party and Bahujan Samaj Party for bailout.
At the moment, UPA has 254 members in the Lok Sabha. Parliament rules state that government needs to have a simple majority from those members who are present and voting to get a bill passed.
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