Government has announced that it  will allow  Qualified Foreign Investors to take part in domestic equity market direct to improve foreign direct investment. After failure in passing the 51% FDI in multiple retail trade, the government has been trying various methods to increase the FDI, as per its policy of ‘reforms’ and neo-liberalisation. This decision is part of the desperate effort on the government to tow the imperialist dictated line.

The decision is strongly opposed by the Left parties. “The decision will open the flood gates for greater capital flow in to India and undermine the stability and integrity of our financial system” stated Com. Prakash Karat, General Secretary CPI(M). This is a dangerous decision, stated Com. Gurudas Dasgupta, M.P. and CPI leader.