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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      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. 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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          Girish
          Jun 25, 2014 at 3:55 pm
          upto 49% FDI would've been sensible.
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            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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