Mamata Calls For Ouster Of UPA
Kolkata: West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee Thursday called for a no-confidence motion to oust the Congress-led UPA government.
Banerjee’s statement on her official Facebook page came as a reaction to the union cabinet’s decision to allow FDI in pension and insurance. “The minority government cannot play such an immoral role. Let us move a No-Confidence Motion. We have decided to meet the President with an appeal to oust the UPA-II minority government,” posted Banerjee.
The union cabinet Thursday cleared the proposals to amend the legislations governing insurance industry to hike foreign equity from 26 percent to 49 percent and on pension to allow up to 26 percent stake to overseas investors.
A meeting of the cabinet, presided over by Prime Minister Manmohan Singh, also gave its nod for some crucial changes in the Companies Act in what is being called another major push to economic reforms in less than a month. All these proposals, however, need parliament’s approval to take effect.
Stating that the government had crossed all ‘Laxman Rekhas’, Banerjee said these decisions, taken by a minority government are immoral and unethical and would have a direct bearing on the livelihood of millions of Indians. “Increase in FDI percentage from 26 to 49 in Insurance Sector and introducing 26 percent FDI in Pension Sector will make lifelong savings of individuals totally insecure. Is it the intention of the UPA Government to sell out the country? We should unitedly oppose all such moves and will not allow the government to be bailed out after a series of such anti-people decisions,” Banerjee stated.
Banerjee also appealed to those supporting the UPA to come out and oppose these moves in the greater interest of the people as every countryman is watching their action. “Sarkar jaana jaroori hai, desh ko bachane ke liye (The government should go in order to save the nation),” she said.
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