Left parties up the ante against increase FDI cap in insurance

FE reports

The Left parties, however, re-iterated their stand on the issue saying that they were still opposed to the proposal of raising FDI limit in the sector. “We will not allow the government to raise the FDI limit.

If the government does so on its own, we are free to take a decision on the issue on our own,” CPI MP Gurudas Dasgupta told reporters after the meeting.

And thus unwittingly help the rent-seeking capitalists, they say they are against.