Antony criticises Narendra Modi’s govt over FDI move in defence

The move to open the country's defence sector for 100 per cent FDI would result in the sector being controlled by foreign forces, said Antony.

By: Press Trust of India | Thiruvananthapuram | Updated: June 25, 2014 7:49 pm
Antony also flayed the rail fare hike, saying it would only burden the common man. Antony also flayed the rail fare hike, saying it would only burden the common man.

Former Defence Minister and senior Congress leader A K Antony on Wednesday criticised the Narendra Modi-led NDA government for its move to allow 100 per cent foreign investment in defence sector and alleged it was aimed at appeasing multinationals and corporates.

Speaking at a function at the KPCC office here, he said the move was not in the larger interest of the nation. It was with aimed at helping the foreign multi-nationals and Indian corporates, the Congress Working Committee member charged.

BJP government wanted to appease the multinationals and corporates and the initial days of the government was an indicator towards this, he said.  The move to open the country’s defence sector for 100 per cent FDI would result in the sector being controlled by foreign forces, he said.

Antony said that despite “pressures”, the previous Manmohan Singh Government did not allow 100 per cent FDI in defence sector and limited it to 26 per cent in select areas.  He also flayed the rail fare hike, saying it would only burden the common man. Plans to hike price of sugar, LPG, petrol, diesel and kerosene clearly indicated hard days were ahead for common man.

On the drubbing his party received in the Lok Sabha polls, Antony said Congress has faced many defeats in the past also, but it emerged victorious later.   “The party will stage a come back under the leadership of Sonia Gandhi and Rahul Gandhi,” he added.

Antony also gave full support to the anti-liquor campaign launched by KPCC President V M Sudheeran and said it had been well accepted by the people of the state.

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  1. D
    Dilip
    Jun 26, 2014 at 2:22 am
    Now, how many lacs of crores did we spend in importing weapons? Is it better to keep these jobs in India or give these jobs to French, Americans, Russians and Germans? FDi will enable defense jobs in India, who will pay taxes in India, and create crores of indirect jobs for common man. Whereas importing weapons just takes these opportunities from Indians.
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    1. H
      helloworld
      Jun 26, 2014 at 7:43 am
      anthony is an ..we all know..no one belive what he talks
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      1. C
        Cooll Jack
        Jun 25, 2014 at 9:43 pm
        Antony sir,Kindly elucidate to the people how Importing military equipment from other countries is better than having the production units in our own soil.With FDI, we have control over production and availability of spares.
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        1. G
          Girish
          Jun 25, 2014 at 3:55 pm
          upto 49% FDI would've been sensible.
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          1. G
            Ghantaghar
            Jun 26, 2014 at 4:11 am
            These Congress leaders, having destro the security of the nation, now talking stupid. How can 100% FDI in defence be worse than the same finished equipment imported from those foreign countries where we do not know what spy gadgets they have introduced in them?
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            1. G
              GNS
              Jun 26, 2014 at 12:36 am
              Practically India imports all critical defence goods creating jobs overseas.So why not create those jobs in India by allowing 100% FDI in Defence industry.No good industry or entrepreneur will want to invest in India long term unless they have control by having 51% stake.It is a simple truth. Mr.Antony must wake up and support NDA by improving / suggesting methods for regulatory environment as their non-support otherwise is irrelevant.This will also remove the lobbies from gaining ground as what the new Defence MNCs produce can also be exported if they can't get buyers in India.With much cheaper manpower costs,with our open democracy,Defence will be a new job generating industry.
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              1. M
                Manoj
                Jun 25, 2014 at 4:55 pm
                From his comments e.g. " he said the move was not in the larger interest of the nation" one would not guess Antoy was a defence minister just a month back! India imports everything from canons, warships, revolvers, rifles etc. ... So how replacing imports with FDI driven manufacturing in India any more riskier?? If anything having them build in India is safer than getting the entire product from outside. Of course, this will cut out brokers(dalals) who made money whether during Bofors or as recently as Augusta helicopters ...
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                1. K
                  Kalkhande
                  Jun 25, 2014 at 8:13 pm
                  Hundred percent FDI is thousand times better than 100% dependence on imports. Factories ill be in India and Indians will be working and learning the new technologies. Current government is moving in right direction.
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                  1. R
                    RJM
                    Jun 25, 2014 at 5:29 pm
                    What India has done till now was buying arms from foreign manufacturers. What Modi Govt. is planning to do is to ask those foreign manufactures to manufacture directly in India. Now people with minimum common sense can decide which is better.
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                    1. S
                      Sachin Jagade
                      Jun 25, 2014 at 3:58 pm
                      Tall comments from a non performing ex defense minister. A lost decade under Congress has cost our defense preparedness big time. Antony should keep his mouth shut just as he had shut out all development initiatives related to the Indian defense forces. Never again should the nation have such a spineless leader heading defense.
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                      1. V
                        Vijay
                        Jun 26, 2014 at 3:54 am
                        Anthony did not spell out why he is against 100 % FDI in defense. Our own dummies at DRDO could not produce even first generation Battle Tank and Combat plane after 30 years. Moreover Unlike the UPA regime in which some select ministers wholly loyal to 10 Janpath successfully managed to torpedo the PM’s agenda whereas Modi’s is in full command and can do what is good for nation.
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                        1. V
                          Vijay
                          Jun 26, 2014 at 4:03 am
                          When he was minister, he seldom spoke, never took any decision. Now that he is "nobody", he has become too vocal and still prefers "policy paralysis".
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                          1. V
                            Vijay
                            Jun 26, 2014 at 3:56 am
                            Why Anthony is against. Indian defense manufacturing that is not even at thresh hold of defense production. So where does the MNC appeat point rises.
                            Reply
                            1. S
                              Sanju
                              Jun 25, 2014 at 10:58 pm
                              He may have a point there. !00 % fdi in defense???? Who is in command then??
                              Reply
                              1. J
                                Jedi Master
                                Jun 26, 2014 at 9:34 am
                                He degraded all armed forces so much and he has the audacity to talk?
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                                1. T
                                  T T
                                  Jun 26, 2014 at 4:41 am
                                  Dear Mr. Anthony request you to Show "Achievements" of Difence Ministry under your tenure
                                  Reply
                                  1. T
                                    T T
                                    Jun 26, 2014 at 5:40 am
                                    Just go back look the sort of work you have done, before commenting on others
                                    Reply
                                    1. U
                                      Utkarsh
                                      Jun 26, 2014 at 7:11 am
                                      After being responsible for the deaths of dozens of soldiers, sailors and pilots in Indian armed forces, this excuse of a man has the audacity to criticize the Prime Minister.
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                                        Utkarsh
                                        Jun 26, 2014 at 7:10 am
                                        That is because that is what UPA did and that are his orders. Policy paralysis is what he likes.
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                                        1. C
                                          common
                                          Jun 25, 2014 at 4:26 pm
                                          We need to go to 1920s and request British to help with defence. Antony is known as a socialist and lover of Nehru's ideas and can live in a jungle. Why can't he retire?
                                          Reply
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