The CPI(M) on Thursday condemned the Union Cabinet decision to allow foreign direct investment (FDI) in coal and dilute FDI norms in single brand retail.
It demanded that the government reverse these measures.
In a statement here, the Polit Bureau of the CPI(M) strongly opposed the Union Cabinet’s decision to allow 100 per cent FDI in coal mining for all commercial purposes and in contract manufacturing.
The CPI(M) described it as a ‘reckless measure’ which will enable foreign companies to ‘plunder’ the mineral resources of the country.
