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The proposal of the Commerce ministry to increase the FDI from 26% to 49% has been strongly opposed by the Home Ministry on the ground that there is serious security concerns. Well and Good! The Defence minister has opposed FDI in Defence stating that it is retrograde and have got security concerns. Again, well and good!
But what about the increase in Telecom from 74% to 100%. It was also recommended by the Commerce Ministry. Telecom sector is the second line of defence and any increase of FDI is also serious security concern. But where is Kapil Sibal, Communications Minister? Why he is not opposing the FDI increase as has been done by the Home Ministry and Defence ministry? Strange indeed! The Communications Ministry is not interested in security concerns?