Patna: Bihar Chief Minister Nitish Kumar on Friday vehemently opposed the Centre's decision to allow FDI in retail saying it would 'escalate unemployment' in the country.
"I oppose it, I oppose it tooth and nail... it is not the right step as it will ruin the retailers and will lead to a point of unemployment beyond imagination in the country," Kumar told reporters after releasing the report card of his government for the sixth consecutive year.
Recalling that he had earlier opposed creation of Special Economic Zone (SEZ), he said the result of which was evident in the country by now.
"The country can't progress on the basis of the model of others... it will have to have indigenous model," Kumar said.
He said the power, propaganda and capital of the Multi-National Companies (MNCs) were as a matter of fact known to the country.
In reply to a question, Kumar said he would see what his government could do within its jurisdiction to avoid implementation of FDI policy in Bihar.
"Bihar was the first state which strongly objected to the proposal of SEZ," he said.
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