Modi’s ‘Swadeshi’ intentions suspect: Narayana

From claiming to be a ‘Swadesh Bhakt’ to being a ‘Videshi Shakti’, Prime Minister Narendra Modi has transformed, CPI national secretary K. Narayana has said referring to the sweeping reforms to the FID norms.

Addressing the media here on Friday, Mr. Narayana wondered why was the Central government keen on opening up the pharma, nuclear energy, Defence, and other sectors when several countries refused the same.

“FDI in public sector is the best bet instead of the services sector (aimed at pleasing the corporates), as it retains the independent economic structure,” he said, and wondered whether India was shining or the corporates!

Mr. Narayana said that the Central government should focus more on tackling the consequences and challenges India faced as a result of the Great Britain opting out of the European Union.

“We believe that RBI Governor Raghuram Rajan is the right person to continue in the post. The government should ensure that the common man is not burdened because of the fall in the value of the rupee, rising cost of essential commodities, and consequences of Brexit,” he added.

Water sharing

Referring to the dispute on the sharing of the Krishna waters between Andhra Pradesh and Telangana, Mr. Narayana said that the problem could be addressed only when both the Chief Ministers sat and discussed the matter together.

“The problem will remain unresolved until they take the initiative. Both the Chief Ministers invited each other for the Amaravati foundation stone-laying ceremony and Chandi Yagam respectively. If they are really committed to people’s welfare, they should come together to sort out the issue in the larger interest of the people,” he said.