Highlights: BJP releases election manifesto
NEW DELHI (Reuters) - Opposition Bharatiya Janata Party (BJP), poised to take the most votes in a general election that started on Monday, said it would welcome foreign direct investment in sectors that would create jobs but not in multi-brand retail.
In its 52-page election manifesto, the BJP also said it would allow foreign direct investment wherever needed for job and asset creation - including in infrastructure and selected defence industries.
Following are highlights from the policy platform that the Hindu nationalist party hopes will secure a victory for its prime ministerial candidate, Narendra Modi:
- BJP would not allow foreign direct investment in multi-brand retail.
- FDI would be allowed wherever needed for job and asset creation, including infrastructure.
- FDI would be allowed in selected defence industries.
- Would "rationalise and simplify" taxes.
- Would adopt a national General Sales Tax.
- To roll out low-cost housing programme to give every family a proper home within a decade.
- Will link welfare programmes like rural jobs schemes to "asset creation".
- Will review labour laws.
- Will build 100 new cities.
- Plans high-speed rail network.
- Would revise and update the nuclear doctrine.
- Would explore possibilities of construction of Ram temple in Uttar Pradesh.
(Compiled by Douglas Busvine)
- Tweet this
- Share this
- Digg this
The latest Reuters poll of 20 economists taken over the past week shows Asia's third-largest economy will likely grow 5.5 percent this fiscal year and 6.4 percent the next, slightly better than 5.3 percent and 6.3 percent expected in the July poll. Full Article
Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw” Full Article