Many will argue that real and effective opposition to the UPA-II government comes not from the outside but from within, not from BJP or other opposition members but the Trinamool Congress. Despite shrill opposition from the BJP, the big-ticket move to allow 51 per cent FDI in multi-brand retail was primarily shot down because of opposition from the TMC, which felt that the entry of international players would harm the interests of small players. "We will continue to protest in our own manner and design as directed by our leader Mamata Banerjee," Union minister of state for health and TMC leader Sudip Bandopadhyay told reporters during the crisis. "The interests of farmers, shopkeepers, transporters and other sections of society will have to be protected. We are opposing this decision but not breaking any norm of our alliance."
It was for similar populist reasons that the TMC stonewalled the Pension Fund Regulatory and Development Authority Bill, 2011, that allowed fund managers to invest pension funds in the market. Often ideologically more left than the Left, the TMC thought this would expose pension funds to risky market conditions. TMC leaders said that by opposing the bill, the party was staying faithful to its 2009 manifesto that stated its opposition to FDI in retail, banking, insurance and pension sectors. "We don't want pensioners to expose their life savings to volatile market conditions," a minister in the West Bengal government said. "We favour fixed returns on pension."
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On the other hand, it is Didi's fierce, independent streak that explains the TMC's opposition to bills that she saw as limiting the powers of the states. That is why the Lokpal bill, before it was passed in the Lok Sabha, was amended to give the states a free hand on setting up their Lokayuktas. This was after the TMC had made it clear that it would not adhere to binding clauses imposed by the Centre. "I am in favour of having a Lokayukta," Mamata told reporters recently. "But I can have a better model. I can implement that which was not done by you (the Centre)." Her opposition also ensured a clause in the Land Acquisition Bill that allows states to have their own law when it comes to acquiring land.
The precarious financial condition of the state, with a debt of Rs 2 lakh crore, has also guided some of Mamata's decisions. She opposed the Food Security Bill as the public spending would add to the woes of a state exchequer which was already stretched.
ALSO IN THIS STORY |
MAMATA BANERJEE Mamata gives no quarter to the beleaguered UPA, concentrating instead on building her own profile |
MAMATA BANERJEE How the Trinamool-Congress spat has been playing out on the airwaves in the new year |
OPINION Mistake not Didi's instinct-driven defiance for chance antagonism |
AUTHORS: DEBARSHI DASGUPTA
PEOPLE: MAMATA BANERJEE
TAGS: TRINAMOOL CONGRESS | FDI AND MNCS IN RETAIL | LOKAYUKTA & LOKPAL | FOOD: POLICY-PRICES-PDS-SECURITY ETC | UPA | PENSION
SECTION: NATIONAL
SUBSECTION: COVER STORIES
PLACES: WEST BENGAL
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