With her latest masterstroke, Trinamool Congress chief Mamata Banerjee has made the Congress lose its credibility in the eye of the aam admi, says Sheela Bhatt
The Congress-led United progressive Alliance government has been forced to suspend its decision to allow 51 per cent FDI in multi-brand retail.
The issue of FDI will not surface again till the Uttar Pradesh elections, due to be held in 2012, are over. This is a huge political setback for the government but it will have to accept it because its timing was wrong.
According to Congress's calculations, it is better to cut losses now than to opt for voting and then losing the vote over FDI in retail.
If the government loses the vote during the adjournment motion in Lok Sabha, technically the government will not fall but it will be dubbed as a 'lame duck' government.
The Congress is all set to eat humble pie at a very high cost.
On the issue of FDI in retail, it failed to convince Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee.
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