Govt fudged FDI data deliberately: CAIT
- Vote Supriya or lose water, âthreatensâ Ajit
- 5th phase of elections: Moderate to high turnout on biggest voting day, halfway mark crossed
- Congress releases CD of Uma Bharti calling Narendra Modi 'Vinash Purush'
- April 17 poll roundup: Rajnath says only Modi will be PM; Jaswant Singh writes to EC against Raje
- IPL 7: Yuvraj Singh roars back to form
Traders body CAIT today said the government has "deliberately" exaggerated the figures of post-harvest losses in fruits and vegetables at 40 per cent to permit FDI in multi-brand retail.
Quoting a study, the association said that the wastage in fruits is up to 18 per cent, while in vegetables, the losses are up to 12.5 per cent.
CAIT, which is strongly opposing the government's decision to allow 51 per cent foreign direct investment (FDI) in multi-brand retail, said the Centre is citing "false and misleading" information to aid and abet the entry of multinationals into the country.
Commerce and Industry Minister Anand Sharma has time and again said that because of inadequate infrastructure in the agriculture sector, over 40 per cent of fruits and vegetables perish before reaching the market.
"The Union Government has deliberately exaggerated figures of post-harvest losses of agricultural produce to justify its decision of allowing FDI in retail," it said in a statement here.
"In reality, as per a study commissioned by the government and conducted by Central Institute of Post-Harvest Engineering and Technology, Punjab, the wastage of fruits is only between 6 to 18 per cent and vegetables is between 6 to 12.5 per cent," it added.
CAIT National Secretary General Praveen Khandelwal claimed that the report was prepared at the direction of parliamentary committee of Parliament.
He said that the CIPHET study was given to the government in July 2010.
"The government has been misleading the nation for the past two years on this issue," he added.
Quoting the study, he said that the wastage in other items like cereals is at 4.3-6.1 per cent.
It appealed the government to withdraw its on FDI in retail.
- As EC website crashes due to overload, party workers use apps to locate voters
- An entire society in Kothrud could not vote
- Chaos, anger across city over missing names
- Mulayam pushes third front, says will stake claim to PM post
- Don’t look at my candidates, votes for me: Maya to Dalits
- AAP biggies focus on Vishwas, Kejri seats, other units suffer