The UPA government was keen to introduce/increase Foreign Direct Investment (FDI) in all sectors as part of implementing the neo-liberal policies. But it could not fully implement due to strong opposition of the Left and other opposition parties.
BJP , which also, opposed FDI in retail etc  is in power now. Instead of learning lessons from the massive defeat of Congress in the elections , which also helped it come to power , the BJP Govt. is aggressively following the same policy. It has increased FDI in Defence and is on the move to increase in Insurance. Banks are also not left out. More FDI means more control for the foreign companies in these crucial sectors. Gradually they will control India’s finance.
The people and the working class have to oppose and defeat this dangerous game. Let us be prepared for the same.