The Economic Times daily newspaper is available online now.

    FDI in defence sector would be serious threat to security: CPI

    Synopsis

    FDI can be allowed in the manufacturing, by which there would be more production and employment opportunities, but for defence, it would be threatening.

    PTI
    COIMBATORE: Allowing FDI in Defence sector would be a serious threat to India's security, CPI Taml Nadu Secretary, D Pandian said today.

    FDI can be allowed in the manufacturing sector, by which there would be more production and employment opportunities, but in the defence sector, it would prove to be a serious threat on the Nation, Pandian told reporters here.

    Alleging that countries like USA were keeping surveillance on India, which was becoming a major power, he said that incidents like seizure of a listening device from the house of Union Minister Nitin Gadkari, were dangerous to the security of the country.

    On attacks on Gaza by Israel, Pandian said that without considering both as friendly countries, India should condemn Israel for the attack, as keeping silent on the issue was against the Foreign Policy.

    Replying to a question on Katchatheevu, Pandian said that it always belonged to India and the Government should take steps to retrieve it.



    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News, Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in